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    For Sale - 1602 Eglinton Avenue, Toronto, Ontario

    Est payment $7,678/mo
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    Views   1
    Time on Jump  74 day

    AI Summary *

    • Fully leased property providing stable income with a 6.6% cap rate.
    • Two street-front commercial units with immediate cash flow.
    • Convenient access to subway, GO Transit, and Crosstown LRT.
    • Excellent redevelopment potential for a 10-storey mixed-use building.
    • Situated in a rapidly growing transit-oriented community.




    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.
    Listing IDW13560808
    Address1602 Eglinton Avenue
    CityToronto, Ontario
    Price$1,599,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Agency:  SUTTON GROUP-ADMIRAL REALTY 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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    1602 Eglinton Avenue
    Toronto , Ontario
    $1,599,000
    Get more info