3,725 sqft
Partially Air Conditioned
Radiator
$1,798,800
Exceptional mixed-use investment opportunity in Toronto's rapidly evolving Eglinton West corridor. Ideally positioned along a major transit route and surrounded by significant residential and commercial redevelopment, 2544 Eglinton Ave W presents a rare opportunity to acquire a well-located 7-unit income-producing asset featuring five spacious 2-bedroom residential apartments and two commercial units. Offering an attractive 8% cap rate, diversified income stream, and strong in-place cash flow, the property provides investors with immediate income and future upside through strategic leasing, renovations, and operational improvements. Benefiting from excellent exposure, strong accessibility, and its location within a growing transit-oriented community, this asset is well-positioned for long-term appreciation. Commercial Unit 2 is currently vacant, creating an immediate leasing opportunity, while Residential Unit 5 will be delivered vacant upon closing, allowing flexibility for renovation, owner occupancy, or market-rent repositioning. A compelling investment opportunity offering stable income, immediate upside, and long-term growth potential in one of Toronto's most dynamic urban growth corridors. (id:63476)
Business
|
Business Type |
Retail and Wholesale |
|
Business Sub Type |
Retail misc. |
Property Details
|
MLS® Number |
W13414376 |
|
Property Type |
Retail |
|
Community Name |
Beechborough-Greenbrook |
|
Features |
Irregular Lot Size |
|
Parking Space Total |
1 |
Building
|
Age |
51 To 99 Years |
|
Cooling Type |
Partially Air Conditioned |
|
Heating Type |
Radiator |
|
Size Interior |
3,725 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
100 Ft ,9 In |
|
Size Frontage |
24 Ft ,11 In |
|
Size Irregular |
24.93 X 100.8 Ft |
|
Size Total Text |
24.93 X 100.8 Ft |
|
Zoning Description |
Cr2.5 |