Salehian.com 647-325-5000

278 Avenue Road

Casa Loma, Toronto, M4V 2G7

$1,749,000

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Listed 36 days ago · MLS® C13778938

About this home

Attention Developers, Investors & Entrepreneurs! Welcome to the prestigious Republic of Rathnelly neighbourhood, one of Toronto's most sought-after locations. A rare opportunity to own a prime mixed-use property offering endless possibilities for a customized live/work space, professional office, income-generating rental units, or future redevelopment. Zoning along this stretch of Avenue road permits a mix of residential and commercial uses, making this an exceptional investment in a highly desirable area. This full three-storey brick semi-detached building is ready for your vision. Whether you're looking to create a unique residence offering a business below, design modern office space, or renovate into residential rental units, the potential is outstanding. The property also features a newer detached four-car garage accessed via the rear laneway, which provides valuable private parking or additional flexibility. A short walk to Summerhill, Yorkville, and Yonge & Bloor, with convenient TTC access and only a 10-minute walk to Summerhill or Dupont subway stations. Minutes to Toronto's downtown core. Sold as is, where is, this property presents an incredible opportunity to renovate, reimagine, and make it your own. Listing is also on residential MLS

Details

Type
Commercial Retail
Lot
20.25 × 120.79 ft
Garage
Single Detached
Property tax
$19,706 (2026)
Neighbourhood
Casa Loma
Municipality
Toronto C02

Heating, cooling and services

Heating
Electric Hot Water

Building and exterior

Building area
2,736 Square Feet

More

Possession
Immediate
Cross street
Avenue Rd / Dupont St

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Summerhill Subway12 min walk
  • 🚇 Dupont Subway12 min walk
  • 🚆 Toronto Union Station GO4.1 km

Within a 10-minute walk: 4 grocery stores, 62 cafés and restaurants, 29 parks, 5 pharmacies. Nearest grocery: New Forest Market (450 m). Nearest park: Macpherson Avenue Parkette (50 m).

Schools nearby

Elementary

  • Cottingham Junior Public School
    EQAO: Gr 6 reading 100%, math 100%    5 min walk
  • Brown Junior Public School
    EQAO: Gr 6 reading 100%, math 75%    11 min walk
  • Jesse Ketchum Junior and Senior Public School
    EQAO: Gr 6 reading 96%, math 71%    13 min walk
  • Huron Street Junior Public School
    EQAO: Gr 6 reading 79%, math 59%    14 min walk

Secondary

  • De La Salle College "Oaklands" Private6 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4V

Owners / renters
44% / 56%
Median household income
$99,000
Average age
46
Children under 15
10%
Homes
11% detached, 63% high-rise
Commute by transit
26%
Population
19,273

Languages spoken most at home besides English: Spanish 1.3%, Mandarin 0.8%, Russian 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Casa Loma (2025): 22% below the Toronto average, about the same from the year before.

  • Assault26% below average
  • Break and enter70% above average
  • Auto theft67% below average
  • Robbery63% below average
  • Theft from vehicles51% below average
  • Shootings80% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 5 active

  • 189 AVENUE RD · 400 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for an 11-storey mixed-use building containing 18 dwelling units and 400 square metres of non-residential gross floor area.
    Application details
  • 158 AVENUE RD · 400 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for a 38-storey mixed-use building containing 110 dwelling units and 411.8 square metres of non-residential gross floor area.
    Application details
  • 361 DAVENPORT RD · 450 m
    Site Plan · NOAC Issued · applied 2020
    Applicant requested file closure- please see email chain in the 'Attachment' tab.Proposal for a 7-storey mixed use building with 16 dwelling units and…
    Application details
  • 326 DAVENPORT RD · 450 m
    Site Plan · Under Review · applied 2019
    INACTIVE Proposal for a 22-storey mixed-use building comprised of 100 residential dwelling units and 1098 square metres of non-residential gross floor area at…
    Application details
  • 115 DUPONT ST · 400 m
    Site Plan · NOAC Issued · applied 2015
    The Proposed Building for 115 Dupont st. is a Group D 5 storey office building with a typical floor plate of 213 m2 and a gross floor area of 884 m2.The…
    Application details
  • 243 DAVENPORT RD · 500 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    A 16-storey (64.69 metres) mixed-use building with a total of 67 residential units and 300 square metres of non-residential gross floor area.
    Application details

2 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (North Toronto Subdivision)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Addition · 2024 · Response Received
    Third floor solarium enclosure

10 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

58 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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