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Executive Summary

Retail: 1700 square feet
Residential: 754 square feet
Industrial: 360 square feet
TMI: $8010.54 per year
This property puts two revenue streams under one roof on one of East York’s most active neighbourhood commercial corridors. The ground floor office suite has been professionally renovated top to bottom: a commanding reception area (approx. 15’5? x 16’10”), six private offices finished with drop ceilings, recessed pot lighting and updated flooring throughout – the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially open to a more open- concept retail or service commercial format, giving a future owner genuine flexibility to shape the space to their business. The finished basement adds a washroom and substantial storage, keeping operations running cleanly off the main floor. Upstairs, a self-contained 2-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below – no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces at rear via mutual laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York with direct TTC bus service at the door, Coxwell Subway Station minutes away, and the DVP close at hand for city-wide access.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,644 SF
Building Class
B
Year Built
1946
Price
$1,299,000 CAD
Price Per SF
$491.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.06 AC
Zoning
CR
Parking
2 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
28’ on Cosburn Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,530 SF
  • Office/Retail
  • -
  • 30 Days

Excellente disposition de bureau, le propriétaire est prêt à permettre au locataire de reconvertir l'espace en utilisations commerciales plus traditionnelles. Rue à fort achalandage à East York. Sous-sol complet avec une chambre forte. Près de Danforth.

Space Size Space Use Position Available
1st Floor 1,530 SF Office/Retail - 30 Days

1st Floor

Size
1,530 SF
Space Use
Office/Retail
Position
-
Available
30 Days

1st Floor

Size 1,530 SF
Space Use Office/Retail
Position -
Available 30 Days

Excellente disposition de bureau, le propriétaire est prêt à permettre au locataire de reconvertir l'espace en utilisations commerciales plus traditionnelles. Rue à fort achalandage à East York. Sous-sol complet avec une chambre forte. Près de Danforth.

Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Tim Hortons
Royal Bank of Canada
Coffee Time
CrossFit
Scotiabank
CIBC
TD Canada Trust
Fit4Less
F45 Training, Inc.
  • Listing ID: 39916457

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 478 Cosburn Ave, Toronto, ON M4J 2N5

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