1774 Eglinton Ave W 3,384 SF 100% Leased Retail Building Toronto, ON M6E 2H6 $1,950,000 CAD ($576.24 CAD/SF) 5.30% Cap Rate

Location and income are crucial factors in any investment, and this property offers an excellent opportunity with 10 separate income-generating rental units. This 3-storey commercial-residential building comprises 9 residential units and 1 commercial unit, all currently fully leased, ensuring a steady income stream. Positioned prominently along the bustling corridor of Eglinton Ave West, it benefits from high visibility and foot traffic, further enhancing its investment appeal. Conveniently situated just steps away from the Fairbanks subway station, the property enjoys accessibility and connectivity to public transportation. Moreover, the surrounding area is experiencing significant growth with numerous new developments underway. The residential units consist primarily of bachelor/studio apartments, each equipped with its own kitchen and washroom, with several units having undergone renovations. Initial viewings will showcase three units, with a full showing scheduled upon submission of a conditional offer. This investment property presents a compelling opportunity for investors seeking a prime location and stable income potential in a thriving area of development