2633 Eglinton Avenue E Toronto, Ontario M1K 2S2
$2,990,000
Prime Mixed-Use Investment OpportunityIdeally located on a major road within a high-traffic strip plaza, this versatile property benefits from excellent visibility, strong foot traffic, and convenient access to public transportation. Surrounded by a well-established residential community, it offers both stability and growth potential.The property features two municipal addresses and includes:2 retail units (currently leased to a restaurant occupying both spaces)4 one-bedroom apartments, providing steady additional rental incomePreviously configured as one large retail space, the layout offers flexibility to reconvert into a single unit or maintain as two separate storefronts depending on your needs. There is also a full basement with exits to the rear laneway and room to add more units at the rear.Key Highlights:-Strong income potential with multiple revenue streams-Retail tenant currently pays for water and gas-All tenants responsible for their own hydro-Ideal for investors or owner-operatorsA rare opportunity to own a well-located, income-generating mixed-use property with future upside.Future Scarborough Subway currently under construction along Eglington. (id:21328)
Property Details
| MLS® Number | E12986376 |
| Property Type | Retail |
| Community Name | Kennedy Park |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 6,453 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 230 Ft |
| Size Frontage | 43 Ft ,9 In |
| Size Irregular | 43.81 X 230 Ft |
| Size Total Text | 43.81 X 230 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/29591175/2633-eglinton-avenue-e-toronto-kennedy-park-kennedy-park
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