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Staff washroom
Customer washroom
Laneway access to apartment
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Rear entrance to apartment
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Living room
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Apartment bathroom
Bedroom #1
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Bedroom #2
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635 Mount Pleasant Road

Mount Pleasant East / Toronto C10, ON M4S 2M9

NewActiveFor Sale
0 Beds
0 Baths
3,045 Sq Ft
2,239 Lot Sq Ft
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,045 sq ft
Lot Size2,239 sq ft
Bedrooms0
Bathrooms0
ListedJuly 24, 2026
Postal CodeM4S 2M9

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C13604326

Listed by Sotheby's International Realty Canada, Brokerage

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.

$1,849,000

asking price

MLS®C13604326
TypeCommercial
CityToronto C10
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$9,029

/month · $1,479,200 mortgage

Down Payment20% — $369,800
Interest Rate5.5%

Amortization

Total Interest

$1,229,473

Total Cost

$2,708,673

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

Full Mortgage Calculator →

Listed By

Sotheby's International Realty Canada, Brokerage