Prime Mixed-Use Investment OpportunityIdeally 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 incomePreviously 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-operatorsA rare opportunity to own a well-located, income-generating mixed-use property with future upside.Future Scarborough Subway currently under construction along Eglington. (id:60365)
| MLS® Number | E12986376 |
| Property Type | Retail |
| Community Name | Kennedy Park |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 6453 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 230 Ft |
| SizeFrontage | 43 Ft ,9 In |
| SizeIrregular | 43.81 X 230 Ft |
| SizeTotalText | 43.81 X 230 Ft |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/29591175/2633-eglinton-avenue-e-toronto-kennedy-park-kennedy-park
Shelley Porritt
Broker of Record