478 Cosburn AVE, Toronto E03, ON M4J 2N5
478 Cosburn AVE, Toronto E03, ON M4J 2N5
478 Cosburn AVE, Toronto E03, ON M4J 2N5
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Christine Domina

Christine Domina

+1(416) 873-4747
$1,199,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Municipality Toronto E03

Subdivision East York

MLS Listing ID E13602090

Annual Tax Amount $8,010

Tax Year 2025

Property Sub-Type Investment

Property Description

478 Cosburn Avenue presents a rare opportunity to acquire a versatile mixed-use property offering immediate income and long-term upside. Ideal for investors seeking to lease both the commercial and residential components, or owner-users looking to occupy the vacant main-floor space while offsetting occupancy costs with the existing residential rental income. The extensively renovated main-floor commercial unit is vacant and available for immediate occupancy, featuring an impressive reception area, six private offices, updated flooring, recessed pot lighting, and a functional layout that can easily accommodate office, medical, retail, or service-commercial uses. The finished lower level includes a washroom, bank vault, and generous storage space. The upper level offers a self-contained two-bedroom apartment with a separate entrance, providing independent rental income. Three separate hydro meters and one gas meter simplify utility management. Two surface parking spaces are located at the rear via laneway access. Situated on one of East York's established commercial corridors in Danforth Village-East York, the property enjoys excellent exposure, strong pedestrian and vehicular traffic, TTC transit at the doorstep, Coxwell Subway Station just minutes away, and quick access to the Don Valley Parkway. C-Commercial zoning permits a broad range of commercial and residential uses, making this an exceptional opportunity for investors and owner-occupiers alike. Buyer and Buyer's Representative to verify all measurements, zoning, permitted uses, and all other information deemed important to the Buyer.

Location

Province ON

County Toronto

Community Toronto E03

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 20.0

Lot Depth 125.27

Others

Security Features No

ParcelsYN No

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Listed by RE/MAX HALLMARK REALTY LTD.

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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