1184 Eglinton Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Forest Hill North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,590,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 22.35 x 87.9 ft lot size
- Convenient other garage included
- equipped with partial central cooling and highly efficient radiant heating
Description
Prime Midtown Toronto Investment / Owner-User Opportunity. Incredible opportunity to own a high-exposure commercial property at 1184-1188 Eglinton Ave W, just steps to the new LRT, subway, and Allen Road. Approx. 3,300 sq ft across a versatile 2-storey building in one of Toronto's most sought-after corridors. Main floor features two retail storefronts (approx. 825 sq ft each, Total 1650sqft), with a large second-floor commercial office space (approx. 1,650 sq ft). Additional 2 basements, one basement space previously used as a research lab and storage, one basement can be storage or offices, offering immediate income with flexibility for owner-user opportunities. Located between the prestigious Forest Hill and Cedarvale neighbourhoods, this property benefits from strong foot traffic, excellent accessibility, and significant upside potential to increase income and maximize value.
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Pricing & Value Insights
Data-driven valuation for 1184 Eglinton Avenue W, Toronto C04, ON M6C 2E3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,590,000 in Toronto, the legal minimum down payment is $518,000 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 $51,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,225 also applies, bringing the total estimated land transfer taxes to $102,450.
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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.
