$1,350,000

For sale

1479 Eglinton Avenue West, Toronto (Oakwood Village) - Retail for Sale

1479 Eglinton Avenue West, Toronto (Oakwood Village), Ontario, M6E2G6

1,632 ft²Listed 48 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,632 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 59 days.

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Description

Prime mixed-use investment opportunity in the heart of Midtown Toronto! Ideally situated on vibrant Eglinton Avenue West, this well-located property features aground-floor retail unit currently operating as an electronics store, plus two spacious 2-bedroomresidential apartments above, offering multiple income streams and excellent long-term potential. An added bonus is the nearly 500 sq. ft. basement with a separate entrance, providing valuable storage or additional flexibility for the commercial space(subject to permitted uses). Positioned just steps from the new Eglinton Crosstown LRT and close to the Allen Road, the property offers outstanding accessibility, high visibility, and strong pedestrian traffic. As transit infrastructure continues to transform the corridor, Eglinton Avenue West is experiencing significant revitalization, making this an excellent opportunity for investors, owner-operators, or those looking to secure a property in one of Toronto's fastest-evolving neighbourhoods. Close to shopping, restaurants, schools, and all major amenities, this isa rare opportunity to own a versatile income-producing property in an exceptional location. (id:66096)

Property Details

MLS®: C13797402
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: CR2.5(c2.5;r2.5*2572)
Interior Size: 1,632 ft²
Frontage: 18 ft
Building Area: 1,632 ft²
Heating: Baseboard heaters
Cooling: None
Property Tax: $9,616.47/yr
Listed: 48 days ago

Features

Appliances: Window Coverings

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Toronto (Oakwood Village) listings, avg age

59d

Price / ft²

$827

List price

$1.35M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This retail in Toronto (Oakwood Village) has been listed for 48 days, which is 11 days fresher than the city average of 59. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD. · ALBERT RESENDES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $1,350,000, about 16.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 222% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$1,350,000· $827/ft²

For sale

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Financing

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