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3,081 ft²
Retail / Multifamily
$1,400,000
Sale



Marcus & Millichap is proud to present 2629 Eglinton Ave East, Toronto, Ontario. The building is located west of Danforth fronting Eglinton Ave East. The property is sold 100% vacant allowing investors to freely utilize the building to its best potential. This two-storey building includes a 4-bedroom unit which can be converted into commercial space. Additionally, the basement unit is setup for potential bar and sauna use. The area will continue to change rapidly as traffic increases on Eglinton due to the new LRT crosstown project. The lot size of the property is 36.00 ft by 101.00 ft. The first constructed phase of the line will run entirely along Eglinton Avenue for 19 km (12 mi) from the future Mount Dennis station underground to Sunnybrook Park, after which it will run predominantly at-grade along the street's median to Kennedy station, where it will connect underground with Line 2 Bloor-Danforth and Line 3 Scarborough. Additional extensions to the line in both directions, with proposed termini at Toronto Pearson International Airport in the west and the University of Toronto Scarborough in the east, were approved by Toronto City Council on March 31, 2016.


The Space
Asking Price$1,400,000
Available Space3,081 ft²
Property UseInvestment property
SourceDirect

The Building
Property TypeRetail / Multifamily
Floors2
Building Size3,081 ft²