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478 Cosburn Ave 2,644 SF 100% Leased Retail Building Toronto, ON M4J 2N5 $954,789 USD ($361.12 USD/SF)



Investment Highlights
- Strong East York location with proximity to TTC, Coxwell Station, Don Valley Parkway, and Danforth Avenue.
- Self-contained two-bedroom residential apartment with private entrance and separate utilities.
- Two surface parking spaces accessible via rear laneway.
Executive Summary
Retail: 1700 square feet
Residential: 754 square feet
Industrial: 360 square feet
TMI: $8010.54 per year
This property puts two revenue streams under one roof on one of East York’s most active neighbourhood commercial corridors. The ground floor office suite has been professionally renovated top to bottom: a commanding reception area (approx. 15’5? x 16’10”), six private offices finished with drop ceilings, recessed pot lighting and updated flooring throughout – the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially open to a more open- concept retail or service commercial format, giving a future owner genuine flexibility to shape the space to their business. The finished basement adds a washroom and substantial storage, keeping operations running cleanly off the main floor. Upstairs, a self-contained 2-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below – no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces at rear via mutual laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York with direct TTC bus service at the door, Coxwell Subway Station minutes away, and the DVP close at hand for city-wide access.
Residential: 754 square feet
Industrial: 360 square feet
TMI: $8010.54 per year
This property puts two revenue streams under one roof on one of East York’s most active neighbourhood commercial corridors. The ground floor office suite has been professionally renovated top to bottom: a commanding reception area (approx. 15’5? x 16’10”), six private offices finished with drop ceilings, recessed pot lighting and updated flooring throughout – the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially open to a more open- concept retail or service commercial format, giving a future owner genuine flexibility to shape the space to their business. The finished basement adds a washroom and substantial storage, keeping operations running cleanly off the main floor. Upstairs, a self-contained 2-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below – no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces at rear via mutual laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York with direct TTC bus service at the door, Coxwell Subway Station minutes away, and the DVP close at hand for city-wide access.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,644 SF
Building Class
B
Year Built
1946
Price
$954,789 USD
Price Per SF
$361.12 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.06 AC
Zoning
CR
Parking
2 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
28’ on Cosburn Ave
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Basement
- 842 SF
- Office
- -
- 30 Days
Great Office Layout, Landlord Willing To Allow Tenant Convert Space Back To More Traditional Retail Uses. High Traffic Street In East York. Full Basement With A Bank Vault. Close To Danforth.
| Space | Size | Space Use | Position | Available |
| Basement | 842 SF | Office | - | 30 Days |
| 1st Floor | 688 SF | Office/Retail | - | 30 Days |
Basement
| Size |
| 842 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size |
| 688 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 688 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | 30 Days |
Great Office Layout, Landlord Willing To Allow Tenant Convert Space Back To More Traditional Retail Uses. High Traffic Street In East York. Full Basement With A Bank Vault. Close To Danforth.
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 27
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478 Cosburn Ave
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