1602 Eglinton Avenue W, Toronto, ON M6E 2G8
Briar Hill-Belgravia, Toronto · Near Eglinton/Marlee · View map
About this home
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate at 6.6% this prime commercial property offers immediate cash flow and outstanding future upside. Featuring two fully leased street-front commercial units, rear laneway access, basement, rear parking, and 26.18 ft frontage, this is an ideal asset for investors and developers alike. Located just steps to Eglinton West Subway Station, GO Transit, and the Eglinton Crosstown LRT, the property is situated in one of Toronto's fastest-growing transit-oriented communities. Excellent redevelopment potential with a proposed 10-storey mixed-use building, featuring approximately 19 residential units plus ground-floor commercial space, with over 14,000 sq. ft. of proposed GFA, subject to municipal approvals. Located within a Major Transit Station Area (MTSA), offering exceptional long-term growth and value.
The home
- Type
- Commercial retail
- Square footage
- 2831 sq ft
- Lot size
- 26.2 x 108.1 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $11,537/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Eglinton/Marlee
- Neighbourhood
- Briar Hill-Belgravia
More
- MLS® number
- W13560808
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1602 Eglinton Avenue, Toronto, ON M6E 2G8
Briar Hill-Belgravia, Toronto · Near Eglinton/Marlee
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Listing history for 1602 Eglinton Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1602 Eglinton Avenue W
Answers come straight from this home’s MLS® listing.
How much is 1602 Eglinton Avenue W listed for, and what would it cost each month?
1602 Eglinton Avenue W is listed for $1,599,000. With 20% down ($319,800), the mortgage payment would be roughly $6,450 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,411 a month, all in. That figure is an illustration, not a quote.
Is 1602 Eglinton Avenue W freehold or a condo, and is there a monthly fee?
1602 Eglinton Avenue W is a commercial retail in Briar Hill-Belgravia, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1602 Eglinton Avenue W have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 1602 Eglinton Avenue W?
1602 Eglinton Avenue W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1602 Eglinton Avenue W, and what is the lot size?
The lot is listed as 26.2 x 108.1 ft.
How is 1602 Eglinton Avenue W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 1602 Eglinton Avenue W?
Property taxes are $11,537 a year (2025), or about $961 a month.
Where is 1602 Eglinton Avenue W?
1602 Eglinton Avenue W is in the Briar Hill-Belgravia community of Toronto. The nearest main intersection is Eglinton/Marlee. The postal code is M6E 2G8.
Is 1602 Eglinton Avenue W still for sale?
Yes. It is an active listing (MLS® W13560808). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1602 Eglinton Avenue W asking?
Similar properties for sale nearby right now include 2544 Eglinton Avenue W at $1,798,800, 2595 Eglinton Avenue W at $1,799,000 and 1479 Eglinton Avenue W at $1,350,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1602 Eglinton Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1602 Eglinton Avenue W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Briar Hill-Belgravia, picked by style, size and price.
Commercial retail$1,798,8002544 Eglinton Avenue W, TorontoBeechborough-GreenbrookCourtesy of: MCCANN REALTY GROUP LTD.View home →
Store w apt / office$1,799,0002595 Eglinton Avenue W, TorontoKeelesdale-Eglinton WestCourtesy of: SUTTON GROUP-ASSOCIATES REALTY INC.View home →
Commercial retail$1,350,0001479 Eglinton Avenue W, TorontoOakwood VillageCourtesy of: REAL BROKER ONTARIO LTD.View home →Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.