1602 Eglinton Avenue
Toronto W04, ON
- 2,831 sqft
- Commercial Retail
- 65 days on market
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.
Listing Details
- Taxes (2025)
- $11,537
- Originally Listed
- $1,788,000
- Listed
- July 14, 2026
Price History
Property
- Lot Size
- 26.18 x 108.14 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Eglinton/Marlee
- Zoning
- Commercial
- Parcel Number
- 104480433
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area M6E
- Population
- 37,684
- Private dwellings
- 16,172
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W04 · last 12 months
- Median sold price
- $800,000
- Homes sold
- 599
- Median days on market
- 26
- Sale-to-list price
- 98.2%
Based on 599 recorded sales of commercial properties in Toronto W04 over the last 12 months.
Listed by
SUTTON GROUP-ADMIRAL REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,831 sq ft
- Price per sq ft
- $564.82
- Annual property tax
- $11,537
- Tax per sq ft
- $4.08
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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