278 Avenue Road

About this property

Attention Developers, Investors & Entrepreneurs! Welcome to the prestigious Republic of Rathnelly neighbourhood, one of Toronto's most sought-after locations. A rare opportunity to own a prime mixed-use property offering endless possibilities for a customized live/work space, professional office, income-generating rental units, or future redevelopment. Zoning along this stretch of Avenue road permits a mix of residential and commercial uses, making this an exceptional investment in a highly desirable area. This full three-storey brick semi-detached building is ready for your vision. Whether you're looking to create a unique residence offering a business below, design modern office space, or renovate into residential rental units, the potential is outstanding. The property also features a newer detached four-car garage accessed via the rear laneway, which provides valuable private parking or additional flexibility. A short walk to Summerhill, Yorkville, and Yonge & Bloor, with convenient TTC access and only a 10-minute walk to Summerhill or Dupont subway stations. Minutes to Toronto's downtown core. Sold as is, where is, this property presents an incredible opportunity to renovate, reimagine, and make it your own. Listing is also on residential MLS

Property details

MLS® Number

C13778938

Property Type

Commercial Retail

Lot Size

20.25 × 120.79 feet

Garage

Single Detached

Heating

Electric Hot Water

Cooling

No

Annual Taxes

$19,705.7

Listed

September 14, 2026

Brokerage

SOTHEBY'S INTERNATIONAL REALTY CANADA