477 Davisville Avenue

Mount Pleasant East Toronto M4S 1H9

Great Investment opportunity with this detached live/work space on Davisville Ave just steps from Bayview. Property is zoned residential and has a commercial component currently on the main and lower levels. Convert this property into a multiplex and possibly add on to the building. You can live and rent or use the property as a total income property. This impressive eco-friendly build features solar-powered radiant heating across all three floors, each equipped with individual temperature controls, alongside a recirculating hot water tank powered by a glycol solar system. A backup on-demand tankless water heater ensures continuous supply, while six air conditioning units provide efficient cooling. The interior boasts warm cork flooring and additional insulation between floors for enhanced soundproofing. The main and lower levels serve as commercial space, showcasing a welcoming reception area, a three-piece bathroom, and an open-concept workspace that includes a private office. The lower level offers an inviting breakroom with a kitchen and restroom. This adaptable space is ideal for a retail store, office, home occupation, or various other uses (please refer to the attached Toronto Zoning Uses document). The separately metered upper unit is currently tenanted and comprises a one-bedroom residential space with an open-concept kitchen, dining, and living area, complete with a walk-out to a private balcony. This setup allows for the possibility of living upstairs while enjoying a short commute to your office below. All are nestled in a highly desirable location just steps away from Bayview Ave, high walking and vehicular traffic. Parking on the property under the carport and permit parking available. Laneway/Garden Suite is also a possibility as per a consultant report.