1602 Eglinton Avenue W, Toronto (Briar Hill-Belgravia), Ontario

About 1602 Eglinton Avenue W

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:6289)

More Info on this Briar Hill-Belgravia MLS® listing

1602 Eglinton Avenue W is a listing for sale in Toronto (Briar Hill-Belgravia). The MLS® number is W13560808. It covers 2,831 square feet. It's currently listed for $1,599,000. For more details on MLS® W13560808, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Briar Hill-Belgravia is available now!

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