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For sale · Active
2651 Eglinton Avenue E, Toronto, ON M1K 2S2
Scarborough, ON M1K 2S2
$2,750,000
MLS® E13107168
Ideally situated on a major arterial road within a high-traffic strip plaza, this versatile mixed-use property offers outstanding visibility, strong pedestrian traffic, and convenient access to public transit. Surrounded by a well-established residential community, the property provides both stable income and long-term growth potential.The building features:1 retail/commercial unit, 4 x residential apartments, including:2 spacious two-bedroom units, 1 large one-bedroom unit, 1 bachelor unit with additional basement space. The residential units provide consistent supplementary rental income, while the commercial space benefits from excellent street exposure and dual front/rear access. Property features strong income potential with multiple revenue streams. Tenants pay their own hydro. Full unfinished basement ideal for storage. Large retail display window, 2-piece washroom in retail unit. Front and rear access. Rear laneway access for deliveries. Excellent opportunity for investors or owner-operators. A rare chance to acquire a well-located, income-producing mixed-use property with future upside from the upcoming Scarborough Subway Extension currently under construction along Eglinton Avenue.
Listed by ROYAL LEPAGE PORRITT REAL ESTATE. Information is deemed reliable but is not guaranteed accurate by PROPTX. MLS® and REALTOR® are marks owned by The Canadian Real Estate Association (CREA). MLS® / IDX disclaimer.