426-428 Dawes Road

Toronto E03, ON

7,815 sqft
Commercial Retail
274 days on market

$4,865,000

Welcome to Prime Investment property. This versatile mixed-use property features four 2-bedroom units and two 1-bedroom units (6 Aprtments and 1 huge divisible retail unit with potential to expand) offering strong income potential. TTC bus stops right at the doorstep with direct access to the subway. Commercial and residential zoning allows for flexible use and future development opportunities. a wide-front retail space with zoning that allows for multiple uses ideal for medical offices, professional services, retail businesses, and more. Opportunity to expand the retail space into the north walkway of 428 Dawes (subject to zoning approval). Ten city-registered parking spots at the rear of the building, with capacity to accommodate up to 12 vehicles. The main-floor commercial unit, previously divided into two spaces, includes three 2-piece washrooms and is equipped with gas heating and air conditioning. A spacious 1,957 sq. ft. basement that is high, dry, and clean, featuring two washrooms. It was formerly divided and can be partitioned again if needed. Equipped with seven hot water tanks and nine separate hydro meters for convenience and efficiency. This is a rare chance to own a high-potential property in a sought-after location. ***VTB available for qualified Buyers****

Listing Details

Taxes (2025): $18,562
Listed: December 4, 2025

Price History

Listing history

Property

Lot Size: 53.51 x 116.58 Feet

Parking

Garage: Reserved/Assignd

Location & Legal

Cross Street: Victoria Park/Crescent town/Dawes RD
Zoning: Commercial / retail/ 6 Apartment.
Possession: Flexible
Occupancy: Owner+Tenant

Commercial

Business Type: Retail Store Related
Office / Apartment Area: 5858 Sq Ft

Property Insights

needs workfinished basement

AI-generated from listing photos. Not professional advice.

Community

Postal area M4B

Population: 18,612
Private dwellings: 8,038
Median age: 43.2
Average household size: 2.4
Median household income: $78,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E03 · last 12 months

Median sold price: $1,100,000
Homes sold: 726
Median days on market: 13
Sale-to-list price: 103.1%

Based on 726 recorded sales of commercial properties in Toronto E03 over the last 12 months.

Listed by

RE/MAX ACE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 7,815 sq ft
Price per sq ft: $622.52
Annual property tax: $18,562
Tax per sq ft: $2.38

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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