6,453 ft2
Partially Air Conditioned
Hot Water Radiator Heat
$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:50976)
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