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$ 2,990,000
Est. payment | /mo
6,453 SqFt
$ 2,990,000
Est. payment | /mo
6,453 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6453
Square Footage 6,453 sqft
Price per Sqft $463
Subdivision Kennedy Park
MLS® Listing ID E13848590
Property Description
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:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by ROYAL LEPAGE PORRITT REAL ESTATE
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