Exceptional mixed use investment opportunity in the rapidly evolving Eglinton West corridor, just steps from major transit and surrounded by significant high density redevelopment projects.
| Website: | https://www.nestseekers.com/5492822 |
|---|---|
| Address: | Toronto W04 M6M 1T1 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C1,949,000
($1,417,500)
(€1,220,800)
Annual Taxes:C11,500
Description
Exceptional mixed-use investment opportunity in the rapidly evolving Eglinton West corridor, just steps from major transit and surrounded by significant high-density redevelopment projects. 2544 Eglinton Ave West is a 7-unit mixed-use asset featuring five spacious 2-bedroom residential apartments and two street-level retail units, offering investors and owner-operators strong in-place income with substantial upside through active leasing, strategic renovations, and operational improvements. Positioned in one of Toronto's most dynamic growth nodes, this transit-oriented property presents an ideal opportunity to capitalize on long-term appreciation, stable cash flow, and future redevelopment potential supported by strong neighbourhood fundamentals. With a 6.75% cap rate, prominent frontage, and flexible layout, this is a rare chance to secure a foothold in a high-demand urban market experiencing exceptional residential and commercial growth. Excellent addition for a real estate portfolio. Unit 4 and 5, and Commercial Unit 2 will be vacant possession on closing.
Amenities
- Available
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |