478 COSBURN AVENUE

Toronto (East York), ON M4J2N5

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. (id:31684)

Listing courtesy of: STEPHEN LILLY of RE/MAX HALLMARK REALTY LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.