20
$1,798,800 Sale
Listed 147 days ago
2544 Eglinton Avenue W
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Listing History
Buy/Sell/Terminated/Expired listing history for 2544 Eglinton Avenue W
Key Facts
Key facts for 2544 Eglinton Avenue W
Property Type
Commercial
Parking
Outside/Surface
MLS #
W13414376
Size
-
Basement
-
Listed on
2026-06-08
Lot size
25 x 100.8
Tax
$11,733.27 /yr
Days on Market
148
Approximate Age
51-99
Maintenance Fee
-
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 i...ncome-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.
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Courtesy of: MCCANN REALTY GROUP LTD.