Prime Mixed-Use Investment Opportunity Ideally 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 income Previously 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-operators A rare opportunity to own a well-located, income-generating mixed-use property with future upside. Future Scarborough Subway currently under construction along Eglington. This property has 2 municipal addresses: 2631-2633 Eglinton Ave E (id:13843)
| MLS # | E13848590 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | ROYAL LEPAGE PORRITT REAL ESTATE | SHELLEY PORRITT |
| SQ Feet | 6,453 |
|---|---|
| Zoning | commercial |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Hot water radiator heat, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 26584.81 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Kennedy Park) |
| Postal Code | M1K2S2 |
| Listing VS Median (in M1K2S2) | |
Price: $2,990,000 low | high Med: $1,298,000 sqft: 6,453 low | high Med: 2,335 $ / sqft: $463 low | high Med: $556 On site: 20 low | high Med: 117 | |
| Province | ON |
|---|---|
| City | Toronto (Kennedy Park) |
| Postal Code | M1K2S2 |
| Listing VS Median (in M1K2S2) | |
Price: $2,990,000 low | high Med: $1,298,000 sqft: 6,453 low | high Med: 2,335 $ / sqft: $463 low | high Med: $556 On site: 20 low | high Med: 117 | |