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For sale · MLS® W13560808

1602 Eglinton Avenue W, Toronto, ON M6E 2G8

Toronto, ON M6E 2G8

$1,599,000Asking price
MLS entry age: 110 days— Bedrooms— Bathrooms2831 Reported areaCommercial Retail Type

About this property

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 facts & features

Days on market
Not reported
Property type
Commercial Retail
MLS® number
W13560808
Source status
Price Change
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
2831
Neighbourhood
Not provided
Postal code
M6E 2G8
Garage
Outside/Surface
Lot depth (source units)
108.14
Annual property tax
11537.22
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided
MLS entry age (not confirmed DOM)
110 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

Price Change · $1,599,000

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Location & neighbourhood

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Listing brokerage: SUTTON GROUP-ADMIRAL REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13560808. Information deemed reliable but not guaranteed.

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