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$2,125,000

701 Mount Pleasant Rd

Toronto, Ontario

701 Mount Pleasant Rd photo 1
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Type

Investment

About this Property

Meticulously maintained, 100% leased mixed-use property over 3 storeys (2 commercial units + 1 residential unit) Recently renovated throughout, the building features high-end finishes, a brand-new two-bedroom apartment retrofit and up-to-date capital improvements, offering a turnkey investment. The ground-floor retail and lower level are occupied by Wellness Shield Pharmacy, with seller flexibility regarding potential vacant possession on sale. The second floor is leased to Urb Organic Spa, a long-term tenant, while the third floor features a newly renovated two-bedroom apartment. 2027 going in gross income of $118,972.68 provides strong in-place holding income, with flexibility to maintain a stabilized asset or pursue near-term value-add opportunities through lease renewals, market rent adjustments and options for vacant possession.

Listing Details

MLS #
C14104692
Board
PROPTX
Market
ontario
Property Type
Investment
Style
Retail
Garage
Street
Basement
Y
Heating
Gas Forced Air Closd
Cooling
Y
Lot Size
16.78 × 90.49 ft
Annual Taxes
$23,970/yr
Listed By
CUSHMAN & WAKEFIELD
Listed On
October 21, 2026

Features & Extras

Extras

3 Furnaces. AC units. 3 Hydro Meters + Panels. Bonus Full Sized Lower Level not included in total Square Footage. Over $250,000 recently invested into 3rd floor fully compliant residential renovation conversion.

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