2633 EGLINTON AVENUE E , Toronto Ontario M1K2S2

Sale $2,990,000  | 
Listing # E12986376
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Agent

Shelley Porritt

Broker of Record

Phone: 416.259.9639
Fax: 416.253.5445

shelleyporritt@gmail.com

Royal LePage Porritt Real Estate, Brokerage (Independently owned and operated)

Brokerage

3385 LAKESHORE BLVD WEST
ETOBICOKE,  ON M8W1N2

Phone: 416.259.9639
Fax: 416.253.5445
rlpporritt@gmail.com

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)

Commercial : Retail

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