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1602 Eglinton Avenue W, Toronto, ON M6E 2G8

Briar Hill-Belgravia · Toronto W04 · ON

$1,599,000For Sale Updated 1 day ago
2,831 sq ftLiving area
Commercial RetailProperty type

About this property

Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate at 6.6% this prime commercial property offers immediate cash flow and outstanding future upside. Featuring two fully leased street-front commercial units, rear laneway access, basement, rear parking, and 26.18 ft frontage, this is an ideal asset for investors and developers alike. Located just steps to Eglinton West Subway Station, GO Transit, and the Eglinton Crosstown LRT, the property is situated in one of Toronto's fastest-growing transit-oriented communities. Excellent redevelopment potential with a proposed 10-storey mixed-use building, featuring approximately 19 residential units plus ground-floor commercial space, with over 14,000 sq. ft. of proposed GFA, subject to municipal approvals. Located within a Major Transit Station Area (MTSA), offering exceptional long-term growth and value.

Property details

MLS® Number
W13560808
Status
Active Under Contract / Sold Conditional
Transaction
For Sale
Property Type
Commercial
Property Subtype
Commercial Retail
Lot Size
Feet
Lot Width
26.18
Lot Depth
108.14
Taxes
$11,537
Tax Year
2025
Garage
Outside/Surface
Heating
Gas Forced Air Open
Cooling
Yes
Sewer
Sanitary
Cross Street
Eglinton/Marlee
Directions
N/A
Occupancy
Tenant

Interior Features

Security
No

Building & Construction

Building area
2831

Parking & Garage

Garage
Outside/Surface

Community & Neighbourhood

Cross street
Eglinton/Marlee

Utilities & Services

Sewer
Sanitary
Utilities
Available

Location

Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.

Property History

Listed
July 14, 2026 10:07 AM
Listing updated
November 9, 2026 2:31 PM
System updated
November 9, 2026 2:31 PM
Photos changed
July 17, 2026 4:59 PM
Media changed
September 25, 2026 3:13 PM
Imported locally
November 9, 2026 6:00 PM

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