$1,199,000
For sale: Other

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.
Sold data
Other homes in Toronto (East York) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (East York) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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