$2,990,000
Toronto
2633 Eglinton Avenue East, Toronto (Kennedy Park), Ontario, M1K2S2
This retail property in Toronto is for sale offering roughly 6,453 sq ft of space. It has been on the market 34 days, fresher than the Toronto average of 51 days.
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:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 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 (Kennedy Park) has been listed for 34 days, which is 17 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,990,000, about 41.2× the local median household income of $72,500.
Carrying it typically needs a household income of about $584,052 (20% down, 25-yr amortization, stress-tested) — roughly 706% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1K)
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