1602 EGLINTON AVENUE W
Toronto (Briar Hill-Belgravia), Ontario
MLS® W13560808
$1,599,000
- Status
- Active
- Property type
- Retail
- MLS® number
- W13560808
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate at 6. 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.
Property summary
- MLS® number
- W13560808
- Property type
- Retail
- Size
- 2,831 sq ft
- Land size
- 26.18 x 108.14 FT
- Annual property taxes
- $11,537.22
- Days on market
- 86 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC., THORNHILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.