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$1,599,000
Est. payment /mo
2,831 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2831
Square Footage 2,831 sqft
Price per Sqft $564
Subdivision Briar Hill-Belgravia
MLS® Listing ID W13560808
Appx SqFt 2831
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Nearby School & Business
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