





278 Avenue Road
Casa Loma, Toronto
$1,995,000
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-Used 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 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-Mintue 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.
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $19,706 |
| Lot Size | 20.25 ft x 120.79 ft |
| mls© Number | C13521564 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,211
- Property tax
- $1,642
- Heat allowance
- $150
- Housing costs
- $12,003 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$369,000
gross annual household income
- Payment at 4%
- $8,395 / mo
- Cash down
- $399,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
Nearby listings
Comparable sales
- No similar listings found.























































































































































































































































































































































































































































































































































