511 Mount Pleasant Road
Mount Pleasant East, Toronto, M4S 2M4
$2,985,000
- 6 bathrooms
Listed 32 days ago · MLS® C13802200
About this home
A rare and versatile mixed-use opportunity on vibrant Mt. Pleasant Road in the heart of Davisville Village. Substantially built out over three storeys plus a full basement, this impressive property offers approximately 4,267 sq. ft. above grade, with a flexible combination of commercial and residential space. The main floor and full basement provide substantial commercial space with direct street exposure, while the second floor is divided into two separate commercial spaces at the front and rear, offering excellent flexibility for a variety of uses and multiple income streams. Above it all, the entire third floor offers a spacious three-bedroom, two-bathroom residential suite with private outdoor space-ideal as a potential owner's suite or additional income-producing component. Located along one of midtown Toronto's established neighbourhood main streets, surrounded by shops, restaurants and services, with excellent access to transit and the amenities of Davisville Village. Current tenancies are on a month-to-month basis, providing added flexibility for an investor or live/work. A unique opportunity offering significant square footage, multiple commercial spaces and residential accommodation under one roof.
Details
- Type
- Commercial Retail
- Age
- 100+ years
- Lot
- 16.2 × 113.75 ft
- Garage
- Outside/Surface
- Property tax
- $23,385 (2025)
- Neighbourhood
- Mount Pleasant East
- Municipality
- Toronto C10
Interior
- Bathrooms
- 6 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Available
Building and exterior
- Age
- 100+
- Building area
- 4,267 Sq Ft Divisible
More
- Possession
- TBA
- Cross street
- Mt Pleasant and Millwood
History of this address
1 earlier listing 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
- 🚇 Mount Pleasant LRT12 min walk
- 🚇 Davisville Subway14 min walk
- 🚆 Toronto Union Station GO6.4 km
Within a 10-minute walk: 13 grocery stores, 93 cafés and restaurants, 14 parks, 11 pharmacies. Nearest grocery: Olive Oil Emporium (250 m). Nearest park: June Rowlands Park (150 m).
Schools nearby
Elementary
- Sunnybrook School Private8 min walk
- Davisville Junior Public School
EQAO: Gr 6 reading 92%, math 92%10 min walk - Eglinton Junior Public School
EQAO: Gr 3 reading 76%, math 68%11 min walk - Maurice Cody Junior Public School
EQAO: Gr 3 reading 94%, math 87%13 min walk
Secondary
- Hodgson Middle School3 min walk
- Northern Secondary School
EQAO: Gr 9 math 72%, literacy test 91%16 min walk - North Toronto Collegiate Institute
EQAO: Gr 9 math 80%, literacy test 95%17 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 M4S
- Owners / renters
- 39% / 61%
- Median household income
- $88,000
- Average age
- 41
- Children under 15
- 13%
- Homes
- 12% detached, 68% high-rise
- Commute by transit
- 39%
- Population
- 30,754
Languages spoken most at home besides English: Spanish 2.1%, Iranian Persian 1.9%, Portuguese 1.7%, Korean 1.5%.
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 Mount Pleasant East (2025): 38% below the Toronto average, about the same from the year before.
- Assault56% below average
- Break and enterabout average
- Auto theftabout average
- Robbery87% below average
- Theft from vehicles49% below average
- Shootingsnone reported
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 7 active
-
275 MERTON ST · 450 mSite Plan · NOAC Issued · applied 2025Site Plan for a 40-storey mixed use purpose built rental building with 494 dwelling units, of which 30% will be affordable rental units. A total gross floor…Application details
-
551 MOUNT PLEASANT RD · 150 mSite Plan · Under Review · applied 2023Proposal to fully renovate and partially reconstruct the existing theatre. The existing historic front (west) facade fronting on Mount Pleasant Road will be…Application details
-
141 DAVISVILLE AVE · 450 mSite Plan · Under Review · applied 2022Proposed 32-storey infill tower. The existing 20-storey. 313-unit rental apartment building currently on site will be retained. The proposed building will…Application details
-
224 MERTON ST · 500 mSite Plan · Under Review · applied 2022Site Plan Approval for a 40-storey mixed-use building having a non-residential gross floor area of 347.1 square metres, and a residential gross floor area of…Application details
-
290 MERTON ST · 400 mSite Plan · Under Review · applied 2020INACTIVE Site Plan application to permit a 13-storey building (49.65 metres to the top of the mechanical penthouse). The proposal includes 91 residential units…Application details
-
8 PAILTON CRES · 500 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2020Proposal for a 35-storey mixed rental residential building, with retail at-grade along Pailton Cres, with approximately 437 units and 32130m2 of GFA.Application details
10 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): 6 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
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.
Building permits
No building permits at this address since 2014.
5 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
47 City street trees within 100 m, mostly maples. That’s about 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 BOSLEY REAL ESTATE LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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