2727 Eglinton Av E 1.12 Acres of Commercial Land Offered at $9,505,636 USD in Toronto, ON M1K 2S2

An exceptional opportunity to acquire over 1 acre of prime development land strategically located at the prominent intersection of Eglinton Avenue East and Brimley Road, along the future Eglinton East Light Rail Transit (EELRT) corridor and the Scarborough Subway Extension (SSE) corridor. The property comprises approximately 1.123 acres, offering 200 feet of frontage on Eglinton Avenue East and an additional 40 feet of frontage on Brimley Road, providing excellent visibility, exposure, and valuable secondary access. The site is currently improved with a freestanding retail building of approximately 6,772 square feet, fully leased to The Beer Store until 2033. The existing lease provides the Landlord with the right to terminate anytime prior to expiry, offering flexibility for future redevelopment. From a development perspective, the property can accommodate a building of up to 29 storey's with a 6-storey podium. See attached survey, the Eglinton East LRT route map, and the Scarborough Subway Extension (SSE) map. An additional opportunity exists to acquire the adjacent property at 2739 Eglinton Avenue East which would make the total site area over 1.5 acres. Although smaller in size, its a premier corner location which can accommodate a development in excess of 35 storey's, as illustrated in the first two concept images accompanying this listing. A planning opinion report prepared by Bousfields is available upon request. For further information please contact Simon Corno.