$3,199,000
Toronto
392 Eglinton Avenue West, Toronto (Lawrence Park South), Ontario, M5N1A2
This retail property in Toronto is for sale offering roughly 3,604 sq ft of space.
Prime mixed-use opportunity in one of Midtown Toronto's most desirable commercial corridors. Perfectly positioned on Eglinton Avenue West near Avenue Road, this beautifully renovated property offers exceptional exposure, steady pedestrian and vehicular traffic, and outstanding flexibility for both business owners and investors.The ground floor features a fully renovated retail space-a modern blank slate ready to bring your business vision to life. Whether you're opening a boutique, wellness studio, service-based business, the bright open layout provides the ideal canvas to customize to your needs. The lower level offers excellent additional space for storage, utilities, or future improvements, ready for your personal touch.Adding to the property's appeal is the self-contained upper-level residential suite, creating the perfect live-work opportunity. Live above your business and enjoy a virtually effortless commute, or lease the residential space to generate valuable passive rental income and help offset operating costs.Located beside the iconic Eglinton Grand event venue and surrounded by established retailers, restaurants, professional offices, and affluent residential neighbourhoods, this address offers unmatched visibility and convenience. The property also benefits from excellent transit connectivity, just minutes from the newly opened Eglinton Crosstown LRT, Allen Road, and major commuter routes, making it easily accessible for both clients and employees.Additional highlights include excellent street frontage with prominent signage opportunities, versatile permitted commercial uses, a rare private outdoor terrace on the upper level, and endless potential to establish or expand your business in one of Toronto's fastest-growing neighbourhoods.An exceptional opportunity to own a turnkey commercial property with income potential in a premier Midtown Toronto location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 108 days on market, against an average age of 40 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 (Lawrence Park South) 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 $3,199,000, about 29.1× the local median household income of $110,000.
Carrying it typically needs a household income of about $624,877 (20% down, 25-yr amortization, stress-tested) — roughly 468% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5N)
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