For Sale

$2,990,000

2633 EGLINTON AVENUE E , Toronto, Ontario M1K2S2

Remarks

Prime Mixed-Use Investment OpportunityIdeally located on a major road within a high-traffic strip plaza, this versatile property benefits from excellent visibility, strong foot traffic, and convenient access to public transportation. Surrounded by a well-established residential community, it offers both stability and growth potential.The property features two municipal addresses and includes:2 retail units (currently leased to a restaurant occupying both spaces)4 one-bedroom apartments, providing steady additional rental incomePreviously configured as one large retail space, the layout offers flexibility to reconvert into a single unit or maintain as two separate storefronts depending on your needs. There is also a full basement with exits to the rear laneway and room to add more units at the rear.Key Highlights:-Strong income potential with multiple revenue streams-Retail tenant currently pays for water and gas-All tenants responsible for their own hydro-Ideal for investors or owner-operatorsA rare opportunity to own a well-located, income-generating mixed-use property with future upside.Future Scarborough Subway currently under construction along Eglington. (id:27)

Property Summary

  • Neighbourhood: Kennedy Park
  • Lot Frontage: 43.8 Feet
  • Lot Depth: 230 Feet
  • Lot Size: 43.81 x 230 FT
  • Floor Space (approx): 6453 Square Feet
  • Zoning: commercial

Property Features:

  • Equipment Type:
    Water Heater
  • Property Type:
    Retail
  • Rental Equipment Type:
    Water Heater

Building Features:

  • Building Type:
    Residential Commercial Mix
  • Cooling Type:
    Partially air conditioned
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Hot water radiator heat
Lifestyle
Neighbourhood Info
Agent

Shelley Porritt

Broker of Record

Phone: 416.259.9639

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