2544 Eglinton Avenue W Toronto, Ontario M6M 1T1
$1,798,800
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, 2544 Eglinton Ave W presents 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% 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 its 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. (id:63203)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | W13414376 |
| Property Type | Retail |
| Neigbourhood | Keelesdale |
| Community Name | Beechborough-Greenbrook |
| Features | Irregular Lot Size |
| Parking Space Total | 1 |
Building
| Age | 51 To 99 Years |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiator |
| Size Interior | 3,725 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft ,9 In |
| Size Frontage | 24 Ft ,11 In |
| Size Irregular | 24.93 X 100.8 Ft |
| Size Total Text | 24.93 X 100.8 Ft |
| Zoning Description | Cr2.5 |
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