2651 Eglinton Avenue E Toronto (Kennedy Park), Ontario M1K 2S2

$2,750,000

Ideally situated on a major arterial road within a high-traffic strip plaza, this versatile mixed-use property offers outstanding visibility, strong pedestrian traffic, and convenient access to public transit. Surrounded by a well-established residential community, the property provides both stable income and long-term growth potential.The building features:1 retail/commercial unit, 4 x residential apartments, including:2 spacious two-bedroom units, 1 large one-bedroom unit, 1 bachelor unit with additional basement space. The residential units provide consistent supplementary rental income, while the commercial space benefits from excellent street exposure and dual front/rear access. Property features strong income potential with multiple revenue streams. Tenants pay their own hydro. Full unfinished basement ideal for storage. Large retail display window, 2-piece washroom in retail unit. Front and rear access. Rear laneway access for deliveries. Excellent opportunity for investors or owner-operators. A rare chance to acquire a well-located, income-producing mixed-use property with future upside from the upcoming Scarborough Subway Extension currently under construction along Eglinton Avenue. (id:43681)

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https://www.realtor.ca/real-estate/29728083/2651-eglinton-avenue-e-toronto-kennedy-park-kennedy-park