2029-2031 Eglinton Avenue West, Toronto (Caledonia-Fairbank), Ontario, M6E2K4
This retail property in Toronto is for sale offering roughly 4,580 sq ft of space.
Prime Eglinton West Investment Opportunity with Exceptional Income & Growth Potential. A rare chance to secure a high-performing, income-producing asset in one of Toronto's most rapidly transforming corridors. Situated on a high-visibility Eglinton West corner, this property benefits from constant foot and vehicle traffic and is positioned steps from the upcoming Eglinton LRT, with two future stations within easy walking distance.The building features 8 fully tenanted residential units, all maintained with significant capital improvements by the current owners-ensuring stability, reduced operating risk, and long-term value preservation. With a net operating income exceeding $120,000 this property offers strong existing returns with substantial upside as the neighbourhood continues to intensify and evolve.A strategic, future-focused investment in a high-growth urban pocket. Opportunities like this are increasingly rare. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 168 days on market, against an average age of 51 days across the listings currently for sale in this city
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.
This retail in Toronto (Caledonia-Fairbank) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,849,900, about 22.6× the local median household income of $82,000.
Carrying it typically needs a household income of about $361,350 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6E)
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