1184-1188 Eglinton Ave W - Storefront Retail/Office FOR SALE


Toronto, ON M6C 2E3
$2,780,000 CAD
416-268-3438
1184-1188 Eglinton Ave W, Toronto, ON for Sale
$2,780,000 CAD
Storefront Retail/Office - FOR SALE
1/28
null | Request Cap Rate

1184-1188 Eglinton Ave W
Toronto, ON M6C 2E3


HIGHLIGHTS

  • Stable income with flexible owner occupancy or vacancy options available
  • Two +/-825sf commercial store fronts at street level - +/-1650sf shared professional office centre on the second floor
  • Former custom-built research laboratory + storage in basement
  • Immediate access to TTC subway, new cross-town LRT and Allen Road Highway 200 meters away (3 minute walk)
  • 22' property frontage high exposure to oncoming traffic toward Allen Road Highway

OVERVIEW

1184-1188 Eglinton Ave W. is an premium owner-user or retail/office investment opportunity. While the property is currently stably tenanted with a ground floor retail and 2nd floor legal offices landlord can offer flexibility for a variety of tenancy or vacancy options potential owner users or investors. Property Highlights: - Stable income with flexible owner occupancy options available - Pro Forma income is $140,000 - Two +/-825sf commercial store fronts at street level - +/-1650sf shared professional office centre on the second floor 50% vacant - Former custom-built research laboratory + storage in basement - Immediate access to TTC subway, new cross-town LRT and Allen Road Highway 200 meters away (3 minute walk) - 22' property frontage high exposure to oncoming traffic toward Allen Road Highway - Covered rear 2 car parking garage included - New roof replaced in 2022 - Completion Of Eglinton LRT Line To Further Improve Area

FOR SALE DETAILS

PRICE

$2,780,000 CAD

PRICE/SF

$662 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CR

APN/PARCEL ID

190411325003500

ASK ABOUT THIS PROPERTY

David GaschMarcus & MillichapMore Info
416-268-3438

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David GaschMarcus & MillichapMore Info
416-268-3438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.