For Sale

$2,750,000

2651 EGLINTON AVENUE E , Toronto, Ontario M1K2S2

Remarks

Ideally situated on a major arterial road within a high-traffic strip plaza, this versatile mixed-use property offers outstanding visibility, strong pedestrian traffic, and convenient access to public transit. Surrounded by a well-established residential community, the property provides both stable income and long-term growth potential.The building features:1 retail/commercial unit, 4 x residential apartments, including:2 spacious two-bedroom units, 1 large one-bedroom unit, 1 bachelor unit with additional basement space. The residential units provide consistent supplementary rental income, while the commercial space benefits from excellent street exposure and dual front/rear access. Property features strong income potential with multiple revenue streams. Tenants pay their own hydro. Full unfinished basement ideal for storage. Large retail display window, 2-piece washroom in retail unit. Front and rear access. Rear laneway access for deliveries. Excellent opportunity for investors or owner-operators. A rare chance to acquire a well-located, income-producing mixed-use property with future upside from the upcoming Scarborough Subway Extension currently under construction along Eglinton Avenue. (id:27)

Property Summary

  • Neighbourhood: Kennedy Park
  • Lot Frontage: 25 Feet
  • Lot Depth: 230 Feet
  • Lot Size: 25 x 230 FT
  • Floor Space (approx): 4570 Square Feet
  • Zoning: commercial

Property Features:

  • Property Type:
    Retail

Building Features:

  • Building Type:
    Residential Commercial Mix
  • Cooling Type:
    None
  • Heating Type:
    Radiant heat
Lifestyle
Neighbourhood Info
Agent

Shelley Porritt

Broker of Record

Phone: 416.259.9639

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