971 Eglinton Ave W

LocationHumewood-Cedarvale, M6C 2C4
$1.749M For Sale
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Description

971 Eglinton Avenue West presents a rare opportunity to acquire a well-maintained mixed-use property in one of Toronto's most desirable and dynamic neighbourhoods with tremendous upside potential. The main floor is occupied by a well-established and popular sushi restaurant, providing steady commercial income and long-term tenant stability with less than 2 years left on lease. Above the commercial space are two residential rental units: a 2 bedroom unit and a 3 bedroom unit, both well-proportioned and in good condition. At the rear of the building, four designated parking spaces add further value, a sought-after feature in this urban setting. The location offers excellent connectivity, with convenient access to public transit and major routes. Additionally, the imminent completion of the Eglinton Crosstown LRT will significantly enhance accessibility and long-term growth potential in the area. Current rental rates across the property remain below market levels, offering clear upside potential through future rent adjustments or repositioning.

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 4,184 sqft
  • Commercial Retail Area
    Retail Area: 1,046 sqft
  • Commercial Parking Spaces
    Total Parkings: 4
  • Commercial Parking Types
    Parking Types: Lane

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 15,273
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C12527874
  • Listing contracted with: SLAVENS & ASSOCIATES REAL ESTATE INC.

Transit Accessibility

Eglinton West Subway Station (0.5km)

Location