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619 Mt Pleasant Rd 3,343 SF 100% Leased Retail Building Toronto, ON M4S 2M5 For Sale
Investment Highlights
- The site is a 7-minute walk to the future Mount Pleasant LRT Station and a 15-minute walk to Eglinton Station.
- Turnkey, Fully Renovated Asset. Full building renovation completed in September, the Property is presented in prime, tenant-ready condition.
- The asset offers rare flexibility, supporting either immediate owner-occupation or an investor-led lease-up strategy at prevailing market rents.
- 14.19 feet of prime frontage on the east side of Mount Pleasant Road, within one of Toronto’s most vibrant retail pockets.
Executive Summary
Colliers International (“the Agent”) is pleased to present the opportunity to acquire 619 Mount Pleasant Road (the “Property”), a three-storey mixed-use retail and residential building in the heart of Midtown Toronto.
Totaling 3,343 square feet (SF) across three levels, the building includes 1,244 square feet of ground-floor retail and two residential units totaling 2,098 square feet. The residential component comprises a bachelor apartment (833 SF) and a two-bedroom suite spanning two floors (1,265 SF). Both residential suites have been recently renovated, offering modern finishes throughout, while the ground-floor retail unit is in shell condition, providing flexibility for an incoming occupier to customize the space to their specifications. An additional 820-square-foot basement provides flexible ancillary space that enhances the functionality of the ground-floor retail component.
The property is positioned within a highly accessible midtown pocket defined by two of the area’s primary corridors - Eglinton Avenue to the north and Bayview Avenue to the east - placing it squarely within a concentrated cluster of prime retail and daily amenities. Within walking distance of both the future Mount Pleasant LRT Station (7 minutes) and Eglinton Subway Station (15 minutes), the Property benefits from exceptional transit connectivity.
Offered vacant and in turnkey condition, 619 Mount Pleasant Road provides full flexibility for immediate owner-occupation, while also presenting a compelling leasing opportunity supported by the sustained strength of Midtown rental fundamentals.
Totaling 3,343 square feet (SF) across three levels, the building includes 1,244 square feet of ground-floor retail and two residential units totaling 2,098 square feet. The residential component comprises a bachelor apartment (833 SF) and a two-bedroom suite spanning two floors (1,265 SF). Both residential suites have been recently renovated, offering modern finishes throughout, while the ground-floor retail unit is in shell condition, providing flexibility for an incoming occupier to customize the space to their specifications. An additional 820-square-foot basement provides flexible ancillary space that enhances the functionality of the ground-floor retail component.
The property is positioned within a highly accessible midtown pocket defined by two of the area’s primary corridors - Eglinton Avenue to the north and Bayview Avenue to the east - placing it squarely within a concentrated cluster of prime retail and daily amenities. Within walking distance of both the future Mount Pleasant LRT Station (7 minutes) and Eglinton Subway Station (15 minutes), the Property benefits from exceptional transit connectivity.
Offered vacant and in turnkey condition, 619 Mount Pleasant Road provides full flexibility for immediate owner-occupation, while also presenting a compelling leasing opportunity supported by the sustained strength of Midtown rental fundamentals.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,343 SF
Building Class
C
Year Built
1926
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.92
Lot Size
0.04 AC
Zoning
CR
Parking
1 Spaces (0.64 Spaces per 1,000 SF Leased)
Frontage
24’ on Mt Pleasant Rd
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 8
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619 Mt Pleasant Rd
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