511 Mount Pleasant Road, Toronto, ON M4S 2M4
Mount Pleasant East, Toronto · Near Mt Pleasant and Millwood · View map
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.
The home
- Type
- Commercial retail
- Square footage
- 4267 sq ft
- Bathrooms
- 6
- Lot size
- 16.2 x 113.8 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $23,385/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- TBA
- Cross street
- Mt Pleasant and Millwood
- Neighbourhood
- Mount Pleasant East
More
- MLS® number
- C13802200
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
511 Mount Pleasant Road, Toronto, ON M4S 2M4
Mount Pleasant East, Toronto · Near Mt Pleasant and Millwood
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Listing history for 511 Mount Pleasant Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 511 Mount Pleasant Road
Answers come straight from this home’s MLS® listing.
How much is 511 Mount Pleasant Road listed for, and what would it cost each month?
511 Mount Pleasant Road is listed for $2,985,000. With 20% down ($597,000), the mortgage payment would be roughly $12,041 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,989 a month, all in. That figure is an illustration, not a quote.
Is 511 Mount Pleasant Road freehold or a condo, and is there a monthly fee?
511 Mount Pleasant Road is a commercial retail in Mount Pleasant East, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 511 Mount Pleasant Road have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 1 space. In total the listing counts 1 parking space.
What style of home is 511 Mount Pleasant Road?
511 Mount Pleasant Road is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 511 Mount Pleasant Road, and what is the lot size?
The lot is listed as 16.2 x 113.8 ft.
How is 511 Mount Pleasant Road heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 511 Mount Pleasant Road?
Property taxes are $23,385 a year (2025), or about $1,949 a month.
Where is 511 Mount Pleasant Road?
511 Mount Pleasant Road is in the Mount Pleasant East community of Toronto. The nearest main intersection is Mt Pleasant and Millwood. The postal code is M4S 2M4.
Is 511 Mount Pleasant Road still for sale?
Yes. It is an active listing (MLS® C13802200). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 511 Mount Pleasant Road asking?
Similar properties for sale nearby right now include 511 Mount Pleasant Road at $2,985,000 (3 bed), 2651 Yonge Street at $3,099,900 and 301 Cleveland Street at $2,798,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 511 Mount Pleasant Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 511 Mount Pleasant Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Mount Pleasant East, picked by style, size and price.
Store w apt / office$2,985,000511 Mount Pleasant Road, Toronto3 bed · 6 bath · Mount Pleasant EastCourtesy of: BOSLEY REAL ESTATE LTD.View home →
Commercial retail$3,099,9002651 Yonge Street, TorontoMount Pleasant EastCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
Investment$2,798,000301 Cleveland Street, TorontoMount Pleasant EastCourtesy of: CENTURY 21 KING`S QUAY REAL ESTATE INC.View home →Courtesy of: BOSLEY REAL ESTATE LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.