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1602 Eglinton Avenue W
Toronto W04, ON M6E 2G8
Price
$1,788,000
Building Size
2,831 sq ft
MLS# W13560808 | Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Business Details
Property Use
Retail
Commercial Space & Financials
Retail Area
2,831 sq ft
Taxes (Annual)
$11,537.22
Industrial Specifications
Lot Size
26.18' × 108.14'
Property Description
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate exceeding 6%, this prime commercial property offers immediate cash flow and outstanding future upside. Featuring two fully leased street-front commercial units, rear laneway access, basement, rear parking, and 26.18 ft frontage, this is an ideal asset for investors and developers alike. Located just steps to Eglinton West Subway Station, GO Transit, and the Eglinton Crosstown LRT, the property is situated in one of Toronto's fastest-growing transit-oriented communities. Excellent redevelopment potential with a proposed 10-storey mixed-use building, featuring approximately 19 residential units plus ground-floor commercial space, with over 14,000 sq. ft. of proposed GFA, subject to municipal approvals. Located within a Major Transit Station Area (MTSA), offering exceptional long-term growth and value.
Price & Status History
Price history is locked
Location
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1602 Eglinton Avenue W, Toronto W04 M6E 2G8
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Listing Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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