Address
1602 Eglinton Avenue W, Toronto, ON
Price
$ 1,599,000
Property Attributes
  • MLS#W13560808
  • TypeCommercial
  • Listing Status Price Change
  • CityToronto
  • AreaBriar Hill-Belgravia
  • NeighbourhoodBriar Hill-Belgravia
  • Postal CodeM6E 2G8
  • StyleCommercial Retail
  • Taxes$ 11537
  • Price$ 1,599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2831
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate at 6.6% this prime commercial property offers immediate cash flow and outstanding future upside. Featuring two fully leased street-front commercial units, rear laneway access, basement, rear parking, and 26.18 ft frontage, this is an ideal asset for investors and developers alike. Located just steps to Eglinton West Subway Station, GO Transit, and the Eglinton Crosstown LRT, the property is situated in one of Toronto's fastest-growing transit-oriented communities. Excellent redevelopment potential with a proposed 10-storey mixed-use building, featuring approximately 19 residential units plus ground-floor commercial space, with over 14,000 sq. ft. of proposed GFA, subject to municipal approvals. Located within a Major Transit Station Area (MTSA), offering exceptional long-term growth and value.

Price History
7/14/2026 Listed $1,788,000
8/11/2026 11$1,599,000

General Features

Sewer Sanitary
Cooling Yes
Utilities Available
Security Features No
Heater Type Gas Forced Air Open
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 108.14
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Price Change
City Toronto W04
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 11537.22
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 15 PL 1499 TWP OF YORK; PT LT 16 PL 1499 TWP OF YORK AS IN CY636077; S/T CY529622; TORONTO (YORK) CITY OF TORONTO

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Outside/Surface
Rail No
Spa No
Building Area Total 2831.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M6E 2G8

Price
AVG $K
$1.6M
Visits
AVG 12
82
Data Provided by Inside Real Estate®