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$1,788,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto W04
Subdivision Briar Hill-Belgravia
MLS Listing ID W13560808
Annual Tax Amount $11,537
Tax Year 2025
Property Sub-Type Commercial Retail
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.
Location
Province ON
County Toronto
Community Toronto W04
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 26.18
Lot Depth 108.14
Others
Security Features No
ParcelsYN No
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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