635 Mount Pleasant Road
635 Mount Pleasant Road
$1,849,000
$607/sq ft · 18 days on market
About This Listing
A rare opportunity to acquire an entire mixed-use building with full vacant possession available December 2026 in the heart of Mt. Pleasant Village, one of Midtown Toronto's most coveted retail destinations. Ideally situated on the east side of Mount Pleasant Road between Manor Road and Hillsdale Avenue, this property offers flexible CR3 zoning permitting a broad range of commercial and residential uses, together with the significant advantage of being located within Toronto's Major Transit Station Area (MTSA), an area identified for transit-oriented growth and increased density surrounding the city's major transit hubs. The main floor offers 1,177 sq. ft. of bright, west facing commercial space with exceptional street exposure, complemented by an approximately 833 sq. ft. full basement ideal for storage, preparation space, or ancillary use. Above, a two bedroom apartment provides valuable residential income potential or the flexibility of a live/work lifestyle. One rear covered parking space is accessible via the laneway. Surrounded by an established collection of boutique retailers, acclaimed restaurants, cafés, and everyday amenities, this is a neighbourhood where independent businesses build loyal followings and thrive for generations. Steps from the Mount Pleasant Crosstown LRT Station and within reach of Yonge & Eglinton, the property enjoys exceptional connectivity to one of Midtown Toronto's busiest transit corridors. Whether envisioned as a restaurant, café, boutique retailer, professional office, wellness concept, or long-term investment, this is an opportunity to secure a landmark address in one of Toronto's most dynamic and rapidly evolving urban villages. Inclusions - Upper Apartment - Stove, Fridge, Hood Fan, Closet Organisers. Rental Equip - Hot Water Heater x 2
| Monthly Mortgage (P&I) | $8,056 |
| Property Tax (MLS) | $1,502 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,558 |
Down payment: $369,800 (20.0%) · Mortgage: $1,479,200
Property tax uses MLS annual tax of $18,024/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Sotheby's International Realty Canada, Brokerage
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Data last updated: August 23, 2026 at 06:25 a.m.