Welcome to this remarkable commercial retail located in the coveted neighborhood of Humewood-Cedarvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,288,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Fantastic Investment, Redevelopment & User Opportunity! Rarely offered corner commercialbuilding ideally situated in the dynamic Eglinton West corridor, directly adjacent to amunicipal parking lot and along the transit line. This property offers an exceptionalcombination of existing income, future rental upside, signage opportunities and long-termredevelopment potential. The main floor is currently leased, providing immediate income, while the newly renovatedsecond floor is vacant and ready for occupancy or leasing. The property also offers multipleprominent roof and side-wall signage opportunities, creating additional income potential. Potential for an additional apartment, subject to zoning, permits and municipal approvals,provides another avenue for future value creation. The property also features 2 dedicatedparking spaces at the rear. A rare opportunity to acquire a corner income-producing asset with multiple revenue streams, arenovated second level, signage potential, parking and significant future redevelopment upsidein one of Toronto's most active and rapidly evolving corridors.
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This commercial retail located at 997 Eglinton Avenue, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $2,288,000 with an estimated mortgage of $7,616* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 997 Eglinton Avenue, Toronto is in the Humewood-Cedarvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Humewood-Cedarvale, Toronto.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 997 Eglinton Avenue, Toronto, ON in Humewood-Cedarvale, Toronto is $2,288,000.
This property features null bedrooms and null bathrooms.
997 Eglinton Avenue, Toronto, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
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Humewood-Cedarvale, Toronto
49 assaults (299.7/100k)
29 B&E (177.4/100k)
32 thefts (195.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 997 Eglinton Avenue W, Toronto, ON M6C 2C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,288,000 in Toronto, the legal minimum down payment is $457,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $43,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,675 also applies, bringing the total estimated land transfer taxes to $87,350.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Humewood-Cedarvale, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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