478 Cosburn Avenue puts two revenue streams under one roof on one of East York's most active neighbourhood commercial corridors. The ground-floor office suite has been professionally renovated from top to bottom, featuring a commanding reception area (approx. 15'5" x 16'10"), six private offices finished with drop ceilings, recessed pot lighting, and updated flooring throughout-the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially be opened up into a more open-concept retail or service-commercial format, giving a future owner genuine flexibility to tailor the space to their business. The finished basement adds a washroom, bank vault, and substantial storage, keeping operations running smoothly off the main floor. Upstairs, a self-contained two-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below-no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces are located at the rear via a laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York, the property offers direct TTC bus service at the door, Coxwell Subway Station just minutes away, and convenient access to the DVP for city-wide access.
Address
478 Cosburn Avenue
List Price
$1,199,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto E03
Sub-Area
East York
Region
Toronto
Lot Size Source
MPAC
Lot Depth
125.27
Lot Type
Unit
Lot Size Units
Feet
Lot Width
20
Parcel Number
104150291
Total Building Area
2644
Occupant Type
Tenant
Cross Street
Coxwell Ave/Cosburn Ave
MLS® Number
E13602088
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement
Yes
Postal Code
M4J 2N5
Posession Details
Neg
Parking Spaces
4
Tax Amount
$8,010.54
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No