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Commercial Retail for sale at 278 Avenue Road, Toronto C02 - Photo 1 of 7
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Active

$1,995,000

278 Ave Rd

Toronto C02, ON M4V 2G7

278 Ave Rd, Toronto C02Listed at $1,995,000 Commercial Retail. MLS® C13521676.

Other
Commercial Retail
$19,705.7 (2026)

Description

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

Business Details

Property Sub-TypeCommercial Retail
Business TypeOther
Property UseMulti-Use
Occupant TypeVacant
Showing RequirementsLockbox, List Brokerage
Possession TypeImmediate
Listing Expires12/2/2026

Property Details

Property TypeCommercial Retail
CommunityCasa Loma
Lot Dimensions20.25 × 120.79 ft
Dir/Cross StAvenue Rd / Dupont St
Garage TypeSingle Detached
Heating TypeElectric Hot Water
A/CNo
Taxes (2026)$19,705.7
HSTNot Subject to HST
SecurityNo
Listed Date7/3/2026
Days on Market15 days
PossessionImmediate

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Property Insights

Listing Courtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADA

MLS® #C13521676

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Commercial Retail is located in the Casa Loma community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →