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    For Sale - 14 Afton Avenue, Toronto, Ontario

    Est payment $6,478/mo
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    Views   2
    Time on Jump  19 day

    AI Summary *

    • Mixed-use property in vibrant Little Portugal, great for investment or business.
    • Ground-floor retail unit currently leased, generating steady monthly income.
    • Upper residential unit has potential for higher rental income.
    • Located at a busy corner with foot traffic, ideal for various businesses.
    • Potential uses include art gallery, cafe, office, and more.




    14 afton avenue is an r(d1*804)-zoned mixed-use property in toronto's vibrant and revitalized little portugal, on a corner lot at queen st w and beaconsfield. Mpac classifies the 1894 building as a duplex (property code 332), meaning two dwelling units. In current use, the ground-floor unit is operated as a ~1,200 sf retail storefront (legalized under site-specific exception r(x804)) and is leased month-to-month to inabuggy inc at $3,500 plus hst. The upstairs residential unit is leased at $2,500/mo per the owner; corridor rent benchmarks (20 afton at $4,200, 8 grafton main at $3,995) suggest market for a comparable unit is closer to $4,000, so the in-place rent sits roughly $1,500/mo below market. A great opportunity for an investor or live upstairs and run your business ground level. Impressive density within walking distance with guaranteed foot traffic every day. Storefront space is ideal for art gallery, convenience, cafe,specialty food or service, real estate office, morgtage broker or a variety of possible uses.
    Listing IDC13422702
    Address14 Afton Avenue
    CityToronto, Ontario
    Price$1,349,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  FOREST HILL REAL ESTATE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    14 Afton Avenue
    Toronto , Ontario
    $1,349,000
    Get more info