618 Brown's Line

LocationAlderwood, M8W 3V5
$1.3M For Sale
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Description

Welcome to 618 Browns Line, a versatile investment opportunity in Toronto's vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you're an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you're looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don't miss this unique opportunity to own a mixed-use property in a sought-after Toronto location!

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 3,051 sqft
  • Commercial Retail Area
    Retail Area: 349 sqft
  • Commercial Parking Types
    Parking Types: Other

Details

  • Commercial Zoning
    Zoning: Commercial/Residential
  • Tax Amount
    Tax: $ 7,410
  • MLS
    W11973736
  • Listing contracted with: RE/MAX HALLMARK REALTY LTD.

Transit Accessibility

Long Branch Go Train Station (1.6km)

Location