1172 EGLINTON AVENUE W, Toronto (Forest Hill North), Ontario, M6C2E3

Property 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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 2,300 sq ft (213.7 m²)
• Parking: 1 space
• Frontage: 20 ft (6.1 m)

Costs

• Annual Taxes: $14,033.34

Listing Provided by: SOTHEBY'S INTERNATIONAL REALTY CANADA
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.