511 Mount Pleasant Road, Toronto, ON M4S 2M4
Mount Pleasant East, Toronto · Near Mt Pleasant and Davsville · View map
About this home
A rare live/work opportunity on Mt. Pleasant Road in the heart of Davisville Village. Substantially built out over three storeys plus a full basement, this impressive mixed-use property offers approximately 4,267 sq. ft. above grade and exceptional flexibility for an entrepreneur, professional or business owner looking to bring home and work together under one roof. The main floor and full basement offer substantial commercial space with direct Mt. Pleasant frontage, while the second floor is divided into two additional commercial spaces, providing the option to accommodate your own business needs while retaining complementary rental income. The entire third floor is dedicated to a spacious three-bedroom, two-bathroom residential suite with private outdoor space, creating a true owner's retreat completely removed from the commercial activity below. With current tenancies on a month-to-month basis, the property provides flexibility for a new owner to shape the building around their own needs. Surrounded by an established residential community, restaurants, amenities and transit, this is a unique opportunity to put down both personal and professional roots in the heart of Davisville Village.
The home
- Type
- Store w apt / office
- Style
- 3-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 3
- Bathrooms
- 6
- Kitchens
- 1
- Rooms
- 9
- Basement
- Finished with Walk-Out
- Lot size
- 16.2 x 113.8 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Carport
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Lane
Taxes & other
- Property taxes
- $23,385/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- TBD, flexible
- Cross street
- Mt Pleasant and Davsville
- Neighbourhood
- Mount Pleasant East
More
- Price per sq ft
- ~$702 (at 4,250 sq ft)
- MLS® number
- C13802212
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The home and its surroundings
- Separate Hydro Meter
- Library
- Park
- Public Transit
- School
- 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 Davsville
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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 store w apt / office 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.
How many bedrooms and bathrooms does 511 Mount Pleasant Road have?
511 Mount Pleasant Road has 3 bedrooms and 6 bathrooms. The listing gives the style as 3-storey.
Does 511 Mount Pleasant Road have a garage and parking?
Yes. The listing shows the garage as carport, with room for 1 car. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 511 Mount Pleasant Road have a finished basement?
The listing describes the basement as finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 511 Mount Pleasant Road?
511 Mount Pleasant Road is a store w apt / office. 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 listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 16.2 x 113.8 ft.
How is 511 Mount Pleasant Road heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 511 Mount Pleasant Road?
Property taxes are $23,385 a year (2026), 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 Davsville. The postal code is M4S 2M4.
Is 511 Mount Pleasant Road still for sale?
Yes. It is an active listing (MLS® C13802212). 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, 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.
Commercial retail$2,985,000511 Mount Pleasant Road, Toronto6 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.