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$4,555,000

426-428 Dawes Rd

Toronto E03, ON M4B 2E8

426-428 Dawes Rd, Toronto E03 — Listed at $4,555,000 Commercial Retail. MLS® E12980434.

2,000Sq Ft Divisible
Other
Commercial Retail
$18,561.5Taxes/yr · 2025
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Description

MOTIVATED SELLER. *****BRING AN OFFER******Welcome to Prime Investment property. This versatile mixed-use property features four 2-bedroom units and two 1-bedroom units (6 Apartments and 1 huge divisible retail unit with potential to expand) offering strong income potential. TTC bus stops right at the doorstep with direct access to the subway. Commercial and residential zoning allows for flexible use and future development opportunities. a wide-front retail space with zoning that allows for multiple uses ideal for medical offices, professional services, retail businesses, and more. Opportunity to expand the retail space into the north walkway of 428 Dawes (subject to zoning approval). Ten city-registered parking spots at the rear of the building, with capacity to accommodate up to 12 vehicles. The main-floor commercial unit, previously divided into two spaces, includes three 2-piece washrooms and is equipped with gas heating and air conditioning. A spacious 1,957 sq. ft. basement that is high, dry, and clean, featuring two washrooms. It was formerly divided and can be partitioned again if needed. Equipped with seven hot water tanks and nine separate hydro meters for convenience and efficiency. This is a rare chance to own a high-potential property in a sought-after location.SENIORS - MOTIVATED SELLER. ***VTB available for qualified Buyers****

Property Details

Property TypeCommercial Retail
CommunityO'Connor-Parkview
Lot Dimensions53.51 × 116.58 ft
Dir/Cross StVictoria Park/Crescent town/Dawes RD
Garage TypePlaza
Heating TypeBaseboard
A/CNo
Taxes (2025)$18,561.5
HSTIn Addition To
SecurityNo
Listed Date4/10/2026
Days on Market217 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Business TypeOther
Property UseMulti-Use
Occupant TypeOwner+Tenant
Showing RequirementsList Brokerage
Possession TypeFlexible
Listing Expires7/15/2026

Commercial Space & Financials

Retail Area2,000 Sq Ft Divisible

Industrial Specifications

Clear Height9'

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Listing Courtesy of: RE/MAX ACE REALTY INC.

MLS® #E12980434

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 O'Connor-Parkview 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
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