1602 Eglinton Avenue W Toronto (Briar Hill-Belgravia), Ontario M6E 2G8
$1,788,000
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate exceeding 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:45725)
Property Details
| MLS® Number | W13560808 |
| Property Type | Retail |
| Community Name | Briar Hill-Belgravia |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2831 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 108 Ft ,1 In |
| Size Frontage | 26 Ft ,2 In |
| Size Irregular | 26.18 X 108.14 Ft |
| Size Total Text | 26.18 X 108.14 Ft |
| Zoning Description | Commercial |
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Toronto Real Estate Board
RE/MAX Premier Inc.
July 14 2026 03:08:43
