2544 Eglinton Avenue W,Toronto (Beechborough-Greenbrook, ON M6M1T1
Toronto (Beechborough-Greenbrook, ON M6M1T1
Description
Exceptional mixed-use investment opportunity in Toronto's rapidly evolving Eglinton West corridor. Ideally positioned along a major transit route and surrounded by significant residential and commercial redevelopment, 2544 Eglinton Ave W presents a rare opportunity to acquire a well-located 7-unit income-producing asset featuring five spacious 2-bedroom residential apartments and two commercial units. Offering an attractive 8% cap rate, diversified income stream, and strong in-place cash flow, the property provides investors with immediate income and future upside through strategic leasing, renovations, and operational improvements. Benefiting from excellent exposure, strong accessibility, and its location within a growing transit-oriented community, this asset is well-positioned for long-term appreciation. Commercial Unit 2 is currently vacant, creating an immediate leasing opportunity, while Residential Unit 5 will be delivered vacant upon closing, allowing flexibility for renovation, owner occupancy, or market-rent repositioning. A compelling investment opportunity offering stable income, immediate upside, and long-term growth potential in one of Toronto's most dynamic urban growth corridors. (id:13843)
Details
| MLS # | W13414376 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 147 |
| Listing Provided By | MCCANN REALTY GROUP LTD. | LOVELEE BERNARDO |
Features
| SQ Feet | 3,725 |
|---|---|
| Zoning | CR2.5 |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Radiator |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Irregular lot size |
|---|
Parking
| Parking Total | 1 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 11733.27 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Toronto (Beechborough-Greenbrook |
| Postal Code | M6M1T1 |
| Listing VS Median (in M6M1T1) | |
Price: $1,798,800 low | high Med: $1,798,800 sqft: 3,725 low | high Med: 3,725 $ / sqft: $483 low | high Med: $483 On site: 147 low | high Med: 147 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Beechborough-Greenbrook |
| Postal Code | M6M1T1 |
| Listing VS Median (in M6M1T1) | |
Price: $1,798,800 low | high Med: $1,798,800 sqft: 3,725 low | high Med: 3,725 $ / sqft: $483 low | high Med: $483 On site: 147 low | high Med: 147 | |
