522 Mount Pleasant Road

Notes

522 Mount Pleasant Road – The Falcon Building – is a landmark end-user acquisition opportunity situated along a bustling retail node in Mount Pleasant Village, an affluent neighbourhood in midtown Toronto. Surrounding businesses include local retailers and service professionals, along with niche restaurants. The 2021 average household income in a two-kilometer radius was $179,141 – significantly above the municipal and national averages. The property is in a densely populated transit friendly location, 750 metres from the future Mount Pleasant Crosstown LRT Station (2022). There are over 21,000 new residential units being constructed in the immediate area that are in various stages of completion.

The property is improved with a 3-storey office building totalling 8,242 square feet of gross rentable area and has an abundance of on-site parking. The first and second floors can be vacant on possession and the lower level tenant has a lease in-place until 2025. 

The zoning allows for a variety of commercial uses.