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$ 1,788,000
Est. payment | /mo
7 Baths
3,725 SqFt
$ 1,788,000
Est. payment | /mo
7 Baths
3,725 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,725 sqft
Price per Sqft $480
Municipality Toronto W04
Subdivision Beechborough-Greenbrook
MLS Listing ID W13414376
Annual Tax Amount $11,733
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
Exceptional mixed-use investment opportunity in Toronto's rapidly evolving Eglinton West corridor. Ideally positioned along a major transit route and surrounded by significant residential and commercial redevelopment, 2542-2544 Eglinton Ave W present a rare opportunity to acquire a well-located 7-unit income-producing asset featuring five spacious 2-bedroom residential apartments and two commercial units. Offering an attractive 8% projected cap rate, diversified income stream, and strong in-place cash flow, the property provides investors with immediate income and future upside through strategic leasing, renovations, and operational improvements. Benefiting from excellent exposure, strong accessibility, and a location within a growing transit-oriented community, this asset is well-positioned for long-term appreciation. Commercial Unit 2 is currently vacant, creating an immediate leasing opportunity, while Residential Unit 5 will be delivered vacant upon closing, allowing flexibility for renovation, owner occupancy, or market-rent repositioning. A compelling investment opportunity offering stable income, immediate upside, and long-term growth potential in one of Toronto's most dynamic urban growth corridors.
Location
Province ON
County Toronto
Community Toronto W04
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 24.93
Lot Depth 100.8
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by MCCANN REALTY GROUP LTD.