Home · Buy · Toronto W04 · 1602 Eglinton Avenue W, Toronto, ON M6E 2G8
+ 21 photos
For Sale · Commercial Retail
1602 Eglinton Avenue W, Toronto, ON M6E 2G8
Toronto W04 · Briar Hill-Belgravia
Outside/Surface garage
0
Beds
—
Baths
0
Parking
2831 sq ft
Sq ft
—
Built
The honest picture
List price
$1,788,000
▲ 130% above benchmark
Where this price sits vs the typical all homes home in Briar Hill-Belgravia.
Benchmark $778,000
Typical low · $739,000Typical high · $817,000
The benchmark is the typical price for all homes homes in Briar Hill-Belgravia (TRREB HPI, June 2026), a market reference — not this home's exact value.
About this home
Exceptional Mixed-Use Investment & Redevelopment Opportunity! Fully leased with strong, stable income and a cap rate exceeding 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.
Property details
Listed on
July 14, 2026
Days on market
12 days
Property tax
$11,537.22 (2025)
Lot
26.18 × 108.14 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
W13560808
Full details
Parking
GarageOutside/Surface
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$32,235
Toronto municipal LTT$32,235
Legal · title · inspection$2,800
Closing costs$67,270
Down payment$357,600
Total cash to close$424,870
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.