701 Mount Pleasant Rd
Toronto, Ontario






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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