478 Cosburn Avenue
Toronto E03, ON
- 2,644 sqft
- Investment
- 46 days on market
478 Cosburn Avenue presents a rare opportunity to acquire a versatile mixed-use property offering immediate income and long-term upside. Ideal for investors seeking to lease both the commercial and residential components, or owner-users looking to occupy the vacant main-floor space while offsetting occupancy costs with the existing residential rental income. The extensively renovated main-floor commercial unit is vacant and available for immediate occupancy, featuring an impressive reception area, six private offices, updated flooring, recessed pot lighting, and a functional layout that can easily accommodate office, medical, retail, or service-commercial uses. The finished lower level includes a washroom, bank vault, and generous storage space. The upper level offers a self-contained two-bedroom apartment with a separate entrance, providing independent rental income. Three separate hydro meters and one gas meter simplify utility management. Two surface parking spaces are located at the rear via laneway access. Situated on one of East York's established commercial corridors in Danforth Village-East York, the property enjoys excellent exposure, strong pedestrian and vehicular traffic, TTC transit at the doorstep, Coxwell Subway Station just minutes away, and quick access to the Don Valley Parkway. C-Commercial zoning permits a broad range of commercial and residential uses, making this an exceptional opportunity for investors and owner-occupiers alike. Buyer and Buyer's Representative to verify all measurements, zoning, permitted uses, and all other information deemed important to the Buyer.
Listing Details
- Taxes (2025)
- $8,011
- Listed
- July 23, 2026
Price History
Listing history
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Property
- Lot Size
- 20 x 125.27 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Coxwell Ave/Cosburn Ave
- Zoning
- C - Commercial
- Parcel Number
- 104150291
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 754 Sq Ft
Community
Postal area M4J
- Population
- 35,128
- Private dwellings
- 15,338
- Median age
- 42
- Average household size
- 2.4
- Median household income
- $93,000
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
- 729
- Median days on market
- 13
- Sale-to-list price
- 103.0%
Based on 729 recorded sales of commercial properties in Toronto E03 over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,644 sq ft
- Price per sq ft
- $453.48
- Annual property tax
- $8,011
- Tax per sq ft
- $3.03
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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