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Home ON Greater Toronto Area Toronto Old Toronto Forest Hill North
1172 EGLINTON AVENUE W
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1172 EGLINTON AVENUE W $2,180,000
$2,180,000
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1172 EGLINTON AVENUE W
Toronto (Forest Hill North), Ontario M6C2E3

MLS® Number: C12162282

Listing 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. (40505344)

Location Description

Eglinton & Allen Rd.

Property Summary

Property Type
Retail
Community Name
Forest Hill North
Land Size
20.15 x 91.86 FT
Annual Property Taxes
$14,033.34
Total Parking Spaces
1
Time on REALTOR.ca
37 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
1

Measurements

Square Footage
2300 sqft

Land

Lot Features
Frontage
20 ft ,1 in
Land Depth
91 ft ,10 in
Other Property Information
Zoning Description
CR2.5(c2.5;r2.5*1785)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JANE ZHANG