Description

6.75% Cap Rate - 7 Unit Multifamily-Mixed-Use building just steps from major TRANSIT, located in The Eglinton West neighbourhood. A tremendous value-creation opportunity for investors or owner operators looking to secure a foothold in an area experiencing an incredible amount of growth by way of several HIGH-DENSITY condo development projects. 2544 Eglinton Ave West is a 3,725 square foot mixed-use building that currently consists of FIVE 2-BEDROOM APARTMENTS & 2 COMMERCIAL UNITS offering investors a desirable opportunity to reveal significant value through active leasing, management and strategic improvements. Furthermore, a great opportunity for end users, providing owner-operators with the ability to customize each space as they see fit. IDEAL FLOOR PLAN with additional transit-oriented location offering a significant BONUS OPPORTUNITY for a future high-density development that is sup-ported by strong local market fundamentals. Retail: 1173 sqft, Apartments: 4354 sqft, Above Grade: 3,725 sqft