1602 Eglinton Avenue W, Toronto, ON M6E 2G8
Briar Hill-Belgravia · Toronto W04 · ON
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
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