$1,199,000

About this property

478 Cosburn Avenue puts two revenue streams under one roof on one of East York's most active neighbourhood commercial corridors. The ground-floor office suite has been professionally renovated from top to bottom, featuring a commanding reception area (approx. 15'5" x 16'10"), six private offices finished with drop ceilings, recessed pot lighting, and updated flooring throughout-the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially be opened up into a more open-concept retail or service-commercial format, giving a future owner genuine flexibility to tailor the space to their business. The finished basement adds a washroom, bank vault, and substantial storage, keeping operations running smoothly off the main floor. Upstairs, a self-contained two-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below-no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces are located at the rear via a laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York, the property offers direct TTC bus service at the door, Coxwell Subway Station just minutes away, and convenient access to the DVP for city-wide access. (id:66946)