4
$1,599,000 Sale
Listed 91 days ago
1602 Eglinton Avenue W
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Listing History
Buy/Sell/Terminated/Expired listing history for 1602 Eglinton Avenue W
Key Facts
Key facts for 1602 Eglinton Avenue W
Property Type
Commercial
Parking
Outside/Surface
MLS #
W13560808
Size
-
Basement
-
Listed on
2026-07-14
Lot size
26 x 108.14
Tax
$11,537.22 /yr
Days on Market
91
Approximate Age
-
Maintenance Fee
-
Description
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate at 6.6% this prime commercial property offers immediate cash flow and outstanding future upside. Featuring two fully leased street-front commercial units, rear laneway access, basemen...t, 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.
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Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.