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2029-2031 Eglinton Ave W 4,580 SF 100% Leased Retail Building Toronto, ON M6E 2K4 $1,350,579 USD ($294.89 USD/SF)
Investment Highlights
- Its strategic location provides convenient access to Allen Road, Highway 401, and major arterial roadways, facilitating efficient travel.
- The central Toronto location provides convenient access to downtown Toronto, midtown Toronto, and surrounding neighbourhoods.
- A dense surrounding residential population supports strong local demand and consistent customer traffic.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,580 SF
Building Class
B
Year Built
1953
Price
$1,350,579 USD
Price Per SF
$294.89 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
2.10
Lot Size
0.05 AC
Zoning
CR SS2 - Commercial residential
Frontage
24’ on Eglinton Ave
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Contacts
-
Anthony Gallippi -
Jorge Da Silva
- Century 21 Fine Living Realty Inc., Brokerage
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Presented by
Century 21 Fine Living Realty Inc., Brokerage
2029-2031 Eglinton Ave W
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