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Retail For Sale $2,180,000 1172 EGLINTON AVENUE W, Toronto, Ontario

MLS#: C12162282

SOTHEBY'S INTERNATIONAL REALTY CANADA
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Summary
Status
Active

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Address
1172 EGLINTON AVENUE W, Toronto, Ontario
Size
Listing Type
For sale
Property Type
Retail
Commercial Type
n/a

Photos

26

Description

This upgraded mixed-use retail property offers a high-performing asset characterized by a strong net operating income. Currently zoned CR2.5 in GEO, the property features a ground retail clinic with two well-appointed residential units above. One rear laneway parking stall accommodating up to two cars. Appx 2300 sf above grade plus 1280 sf unfinished bsmt. Main floor clinic underwent a comprehensive, high-grade medical level renovation in 2022, executed under the expert planning of Paradigm Architecture. Thoughtfully crafted layout boasts multiple treatment rooms, a barrier-free accessible ambulatory washroom, and spacious flex. Inviting reception area spans over 290 sf showcasing sophisticated aesthetic with white oak desk enhanced in quartz top and tambour wood accents. The complete overhaul reno incl new walls, vinyl plank flooring, designer lightings, and updated mechanical systems. Extended AC capacity, improved ventilation, along with engineering considerations to facilitate thorough cleaning and disinfection. Newly constructed storefront features insulated therma window frame and clear anodized aluminum. Main commercial lease features 5 plus 5 yr option with a long term income potential. Two fully tenanted upper residential units, comprising a two-bedroom suite and a bachelor. Two kitchens, two baths & two laundries with split electrical meters. Separate entrances provide privacy & convenience for both the retail and residential occupants. Strategically located in prime Upper Village BIA, the property is surrounded by esteemed business, fine shops and rich amenities. Well positioned on major east-west thoroughfare with an immediate access to the TTC Subway, Eglinton Crosstown LRT station, Allen Road and Highway 401. Area notable developments incl City's 1250 Eglinton project and several Forest Hill midrises and highrises. A sought-after, 1172 Eglinton Ave W represents a compelling investment opportunity in a highly desirable and evolving city hub location. (id:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
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City Toronto
Province Ontario
PostalCode M6C2E3
Country Canada
Location Description Eglinton & Allen Rd.
Community Name Forest Hill North
Neighbourhood York
Street Address 1172 EGLINTON AVENUE W
Property TypeRetail
Transaction TypeFor sale
MLS #C12162282
Ammenities NearByHighway, Public Transit
Size Frontage20 ft ,1 in
AcreageNo
Land AmenitiesHighway, Public Transit
Size Depth91 ft ,10 in
Size Irregular20.15 x 91.86 FT
Zoning DescriptionCR2.5(c2.5;r2.5*1785)
Property TypeRetail
Size Interior 2300 sqft
Utility Water Municipal water
Parking Space Total 1
Cooling Type Partially air conditioned
Fireplace Present False
Heating Fuel Natural gas
Heating Type Other
Price 2180000.00
Listing Contract Date 2025-05-20
Lease 0.00
Business SubType Retail misc.
Business Type Retail and Wholesale
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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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