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MLS® C12162282
Forest Hill North, Toronto, ON
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.
Broker
SOTHEBY'S INTERNATIONAL REALTY CANADA
Neighbourhood
Forest Hill North
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Commercial Retail
1172 Eglinton Avenue W Toronto
Forest Hill North
Type
Commercial Retail
Parking
None
Property Tax
~$14,033/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
2300 sqft
Parking
None
Finances
List Price
$2,180,000
Price per SQFT
$948/sqft
Property Tax
~$14,033/yr
Property Specs
Property Type
Commercial Retail
MLS Size
2300 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Forest Hill North
Listed On
May 20, 2025
Major Highway
Public Transit
Days on Market
Current: 536 days
Room information is not available for this listing.
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