953 Mount Pleasant Road, Toronto, ON
Mount Pleasant East, Toronto · MLS® C13457088
About this home
This turnkey multi-use property is built on a 22.5 ft x 90 ft lot with two private parking spaces making it ideal for live/work. The street level retail/office space with stunning exposed brick walls has been fully renovated including large front display windows attracting local foot traffic in this high demand upscale Sherwood Park/Lawrence Park location. The second floor is a beautifully renovated two bedroom (framed for three), apartment with a separate side entrance (total of five entry points to building). The lower level is currently set up as a work space for preparing baked goods. The current owner has undertaken extensive renovations including, but not limited to: *Renovation of office/retail space on the main floor *Renovation of 2nd floor apartment with two bedrooms (framed for three), a 3-pc bathroom and separate entrance *Mechanical upgrades during renovation including electrical, installation of 5 (five) ductless AC units, roof, back parking area fully asphalted, HWT, new independent digital security system, 16 digital security cameras exterior/interior (audio & video), new fence front and back and lower level bakery. Excellent Investment opportunity on Mt Pleasant just north of Eglinton Ave. Great street exposure in high income neighbourhood with ground level retail/office opportunity surrounded by well known establishments including Summerhill Market, The Homeway, Bob's Florist, Circle K Convenience Store etc. TTC outside door.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- C13457088
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 22.5 × 90 ft
- Cross streets
- Sherwood Park/Lawrence Park neighbourhoods
- Parking
- 2 parking
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Property tax
- $16,729 / 2025
- Days on market
- 36
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
renovated · open concept · side door
open concept · side door
fireplace · b/i closet · open concept
renovated · sliding doors · open concept
b/i shelves · open concept
renovated · pantry · side door
2 Pc Bath
3 Pc Bath
renovated · window floor to ceiling · open concept
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant East, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $2,396,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,786
- Property tax
- $1,394
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,180
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,350
- Toronto municipal land transfer tax
- $61,350
- Estimated closing costs
- $122,700
Plus your down payment of $599,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $767,157
- Principal paid down
- $305,131
- Interest paid
- $462,026
- Balance remaining
- $2,090,869
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.