701 Mount Pleasant Road
Toronto (Mount Pleasant East), ON M4S 2N4
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $23,970Tax
- 17×90 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 701 Mount Pleasant Road, Toronto, Mount Pleasant East
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 701 Mount Pleasant Road, Toronto, Mount Pleasant East
Summarized Description
- Meticulously maintained mixed-use property with high-end finishes.
- Recently renovated two-bedroom apartment offers modern living.
- Turnkey investment with strong in-place holding income.
- Ground-floor retail occupied by Wellness Shield Pharmacy.
- Flexibility for vacant possession enhances investment potential.
- Long-term tenant on second floor ensures stable income.
- Capital improvements provide additional value to the property.
- Potential for market rent adjustments and lease renewals.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $23,970
- Land Transfer Tax Fee
- $79,200
Interior Features
- Security Features
- No
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Store W Apt/Office
Lot
- Lot Front
- 16.78 ft
- Lot Depth
- 90.49 ft
- Lot Size
- 1506.95
- Lot Shape
- Rectangular
Inclusions
- 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.
Parking & Garages
- Garage Type
- Street
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Air Conditioning
- Yes
- Water
- Municipal
- Municipality
- Toronto
- Neighbourhood
- Mount Pleasant East
- Main cross streets
- Mount Pleasant, between Eglinton Avenue and Soudan
- Zoning
- CR3(c2;r2.5*2417)
- Directions
- First Block South of Mt Pleasant and Eglinton Ave - Steps from the LRT, No Frills, Shoppers Drug Mart
- MLS® number
- C14104700
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-21
- Updated on
- 2026-10-21
- Days on market
- 1 day
- Possession type
- Immediate
- Co-op commission
- 2.25%
- Seller
- Listed by
- CUSHMAN & WAKEFIELD
Home Market Value
Current home valuation for 701 Mount Pleasant Road, Toronto, Mount Pleasant East, Toronto, ON. Listed for $2,125,000
HOMEH Estimate
—
Estimated Sales Range
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HOMEH Estimate for 701 Mount Pleasant Road, Toronto, Mount Pleasant East
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$425,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,700,000 | $1,593,750 | $1,487,500 | $1,381,250 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,300monthly | $7,781monthly | $7,263monthly | $6,744monthly |
Land Transfer Tax
$39,600
$39,600
$79,200
Around this home
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