701 Mount Pleasant Rd, Toronto, Ontario, M4S 2N4
Description
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.
Home Details
List Date
2026-10-21
Style
Retail
Type
Investment
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
-
Bathrooms
-
Heating
Gas Forced Air Closd
Cooling
-
Parking
- Spaces
Appliances & Equipment
Inclusions
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.
Exterior
Construction
-
Water & Sewer
Municipal
Lot Size
16.78 x 90.49 Feet
Garage
Street
Taxes
$24K (2026)
Listing Brokerage
Brokerage Name
CUSHMAN & WAKEFIELD
Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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