278 Avenue Road, Toronto, ON M4V 2G7
Toronto C02
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
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 278 Avenue Road, Toronto, ON M4V 2G7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# C13521676
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
On market since Jul 3, 2026






278 Avenue Road, Toronto, ON M4V 2G7 is listed for $1,995,000 CAD.
278 Avenue Road, Toronto, ON M4V 2G7 is a Commercial Retail, 2,736 sq ft.
278 Avenue Road, Toronto, ON M4V 2G7 is in Toronto C02, Ontario.
278 Avenue Road, Toronto, ON M4V 2G7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 278 Avenue Road, Toronto, ON M4V 2G7 (MLS# C13521676). You can also send a message through the contact form on this site.