Front
Front
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Apartment
2nd Floor Balcony
Parking
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Basement
Basement
Basement
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Basement
Basement
Basement
Back
Back
Pape Avenue
Pape Avenue
Pape Avenue
1027 Pape Avenue photo 44

1027 Pape Avenue

Danforth Village-East York / Toronto E03, ON M4K 3W1

ActiveFor Sale
0 Beds
4 Baths
2,981 Sq Ft
1,572 Lot Sq Ft
Commercial
Virtual Tour Available

About This Property

***2981sqft TOTAL FLOOR SPACE: 1007sf 1st floor + 967sf 2nd floor + 1007sf basement*** Calling all investors and business owners! This mixed use commercial-residential property is a dream opportunity in the heart of Pape Village, just steps from vibrant shops, restaurants, cafés, and Danforth Ave. Call this high-demand location your own! Pape Avenue attracts customers and tenants alike with its steady foot traffic and easy access to the TTC. ***The main floor with OVER 10 FOOT HIGH CEILINGS features 1007sqft of commercial space currently occupied by a charming takeout/café business. ***The finished basement contains 3 bathrooms, staff lounge area, and walk-in-freezer. ***The FULLY RENOVATED 2nd floor APARTMENT features 2 bedrooms, 1 bathroom, an ensuite laundry, separate entrance, balcony, a luxurious MODERN KITCHEN with STONE COUNTERS and STAINLESS STEEL APPLIANCES, California shutters, as well as hardwood and porcelain tile flooring. ***Gas and hydro for the main and 2nd floors are SEPERATELY METERED. ***Location is approx. 13min walk to Pape TTC Station and 25min by TTC to the UofT. ***Developing Ontario Line transit route across the street. MOTIVATED SELLER!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,981 sq ft
Lot Size1,572 sq ft
Bedrooms0
Bathrooms4
Postal CodeM4K 3W1
Last UpdatedAug 8, 2026 · 7:00 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® E12735934

Listed by HOMELIFE LANDMARK REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,650,000

asking price

MLS®E12735934
TypeCommercial
CityToronto E03
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,057

/month · $1,320,000 mortgage

Down Payment20% — $330,000
Interest Rate5.5%

Amortization

Total Interest

$1,097,150

Total Cost

$2,417,150

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE LANDMARK REALTY INC.