971 Eglinton Avenue West, Toronto (Humewood-Cedarvale), M6C2C4

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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. (id:39198)

1 day

On Market

Retail

Property Type

$15,273 / Year

Est. Taxes

Other

Style

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Garage

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Basement