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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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478 Cosburn Avenue Toronto E03
For SaleOld East York

478 Cosburn Avenue Toronto E03, Investment for Sale

MLS® E13602090

Old East York, Toronto, ON

107 days on market
$1,199,000
Show on Map
Show on Map
N/ABeds
N/ABaths
2,644Sqft
N/AParking
Investment

Overview· 478 Cosburn Avenue Toronto

MLS® #E13602090

478 Cosburn Avenue presents a rare opportunity to acquire a versatile mixed-use property offering immediate income and long-term upside. Ideal for investors seeking to lease both the commercial and residential components, or owner-users looking to occupy the vacant main-floor space while offsetting occupancy costs with the existing residential rental income. The extensively renovated main-floor commercial unit is vacant and available for immediate occupancy, featuring an impressive reception area, six private offices, updated flooring, recessed pot lighting, and a functional layout that can easily accommodate office, medical, retail, or service-commercial uses. The finished lower level includes a washroom, bank vault, and generous storage space. The upper level offers a self-contained two-bedroom apartment with a separate entrance, providing independent rental income. Three separate hydro meters and one gas meter simplify utility management. Two surface parking spaces are located at the rear via laneway access. Situated on one of East York's established commercial corridors in Danforth Village-East York, the property enjoys excellent exposure, strong pedestrian and vehicular traffic, TTC transit at the doorstep, Coxwell Subway Station just minutes away, and quick access to the Don Valley Parkway. C-Commercial zoning permits a broad range of commercial and residential uses, making this an exceptional opportunity for investors and owner-occupiers alike. Buyer and Buyer's Representative to verify all measurements, zoning, permitted uses, and all other information deemed important to the Buyer.

Broker

RE/MAX HALLMARK REALTY LTD.

Neighbourhood

Old East York

Walk 85Avg $1.81MArea guide

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Walk Score®88Very WalkableVery Walkable
Transit Score®70Excellent TransitExcellent Transit
Bike Score®80Very BikeableVery Bikeable
Schools9016 schools within 1.5 km · nearest 246 m16 schools within 1.5 km · nearest 246 m
Parks685 parks within 1 km · nearest 205 m5 parks within 1 km · nearest 205 m
Convenience6723 groceries, cafes and pharmacies within 1 km · nearest 50 m23 groceries, cafes and pharmacies within 1 km · nearest 50 m
Safety49Safer than 49% of Toronto neighbourhoods (2025)Old East York: 1,380 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 478 Cosburn Avenue Toronto

Source: MLS® listing data
478 Cosburn Avenue Toronto

Investment

478 Cosburn Avenue Toronto

Old East York

Type

Investment

Parking

Outside/Surface

Property Tax

~$8,011/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

2644 sqft

Parking

Outside/Surface

Finances

List Price

$1,199,000

Price per SQFT

$453/sqft

Property Tax

~$8,011/yr

Property Specs

Property Type

Investment

MLS Size

2644 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Old East York

Listed On

Jul 23, 2026

Price & Listing History

Days on Market

Current: 107 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 478 Cosburn Avenue Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$4,823/mo
Property Tax$668/mo
Total Monthly$5,490

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0