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Investment Highlights

  • Immediate holding income stream currently producing approximately $3,050 per month plus utilities.
  • Future concept incorporates four residential units and one commercial space on the ground floor.
  • Rear basement walkout with exterior staircase offers flexible design options.
  • Approved plans included for redevelopment into a four-story mixed-use property.
  • Located near major transit corridors, neighborhood schools, public parks, and retail amenities.
  • Strong urban infill location within a well-established and growing Toronto community.

Executive Summary

This property presents an exceptional opportunity for investors and developers seeking immediate income and significant future upside in Toronto’s Keele-Eglinton West neighborhood. Currently, the asset generates steady rental income, providing cash flow while future plans are executed. The property, combined with 451 Rogers Road, benefits from recent approvals for a four-story, mixed-use building featuring four residential units and a prime commercial ground-floor space. This rare turnkey redevelopment prospect in a rapidly evolving urban district appeals to those targeting long-term value and diversification.
Design elements for the future project include covered entrances, rear balconies, and efficient vertical circulation with both interior and exterior staircases. Located along Rogers Road with proximity to major transit routes, the property enjoys excellent connectivity to Toronto’s core employment nodes and surrounding amenities. The current freehold title adds ownership flexibility, while zoning and recent municipal approvals streamline the development process. With substantial potential for growth in a vibrant location, this site is ideal for those pursuing multi-unit residential and mixed-use investments in one of Canada’s most dynamic metropolitan markets.

Property Facts

Price $1,488,000 CAD
Price / SF $606.11 CAD / SF
Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,455 SF
Total Land Area 0.08 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
449 Rogers Rd, Toronto, ON M6M 1A6 Multifamily 1,100 SF - -
451 Rogers Rd, Toronto, ON M6M 1A4 Retail 1,355 SF 1920 -
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  • Listing ID: 41209018

  • Date on Market: 2026-07-08

  • Last Updated:

  • Address: 449-459 Rogers Rd, Toronto, ON

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