1 / 27
Investment signal

$3,999,000

2078 AVENUE ROAD

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Exceptional opportunity to acquire a fully leased mixed-use investment property situated on the prominent corner of Avenue Road and Joicey Boulevard, just minutes from Highway 401 in Toronto's desirable Bedford Park corridor.This newly constructed building offers approximately 6,500+ sq. ft. across multiple levels, featuring prime street-level retail exposure, professional office space on the second floor, and a distinctive residential component above. The upper floors include a spacious luxury apartment on the third level and a stunning loft residence spanning the fourth and fifth levels, creating a unique combination of commercial and residential income.The property features elevator access to all floors and rare indoor parking for six vehicles, a highly valuable amenity along Avenue Road.Fully leased with stable multi-tenant income, this property represents a strong investment in one of Toronto's most established neighbourhoods.Properties of this quality, scale, and location rarely become available along the Avenue Rd corridor. (id:65958)

Subtype
Retail
Structure
Residential Commercial Mix
Community
Bedford Park-Nortown
Living area
6,570 square feet
Lot dimensions
19.77 x 102.14 FT ; Irregular
Parking
6 total
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$30,218.17
Zoning
CR3(c2;r2.8)*1543)
Photos
27
MLS#
C13008390
Area
TORONTO_(BEDFORD_PARK-NORTOWN)

Features and systems

Heating

Forced airNo heatElectricNatural gasHot Water

Cooling

Fully air conditioned

Lot

Elevator
Negative cash flow ~$7,538/mo at these assumptions

Cash on cash

-11.31%

Cap rate

3.63%

GRM

16.7

Break-even rent

$27,935

Financing

Down payment$799,800
Loan amount$3,199,200
Mortgage$19,627/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,833
Insurance$80
Maintenance$3,333
CapEx reserve$1,666
Vacancy loss$1,000

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Bedford Park-Nortown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $19,627/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.