Seller take-back financing is available on attractive terms. Vacant possession of commercially zoned main floor space is possible. A rare opportunity to acquire a full three-storey semi-detached brick building in a highly sought-after Avenue Road location, offering exceptional flexibility and long-term potential for investors, developers, and entrepreneurs. Currently configured as five residential apartments with strong long term tenants and four parking spaces at the rear, the property provides existing residential income while offering the opportunity to capitalize on the mix of permitted residential and commercial uses along this stretch of Avenue Road. Set in an incredibly convenient location, just minutes from Summerhill, Yorkville, Yonge & Bloor and Toronto's downtown core, with excellent TTC access and approximately a 10-minute walk to both Summerhill and Dupont subway stations. Surrounded by established neighborhoods, amenities, restaurants, shops and transit, the location offers strong appeal for both residential and commercial users. Being sold as-is, where-is, this is an outstanding opportunity to acquire a versatile Avenue Road property and unlock its full potential in one of Toronto's most desirable and well-connected areas.
Address
282 Avenue Road
List Price
$1,899,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C02
Sub-Area
Casa Loma
Region
Toronto
Lot Depth
121.21
Lot Type
Lot
Lot Size Units
Metres
Lot Width
20.33
Total Building Area
2464.93
Occupant Type
Tenant
Cross Street
Avenue Rd and Dupont
MLS® Number
C14028356
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement
Yes
Postal Code
M4V 2G7
Posession Details
Immediate
Parking Spaces
4
Tax Amount
$18,113.00
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
None
Tax Legal Description
PCL C-1 SEC M178; PT LT C PL M178 TORONTO LYING TO THE W OF THE WLY LIMIT OF PT 12 R758; T/W A ROW AND PASSAGE OVER THAT PT OF LT B INCLUDED IN THE PASSAGEWAY BTN THE HOUSE ON LOTS B & C ON SAID PL; S/T A ROW AND PASSAGE OVER THAT PT OF LT C INCLUDED IN THE SAID PASSAGEWAY; TORONTO , CITY OF TORONTO
Security Features
No
Sewer
None
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