374 Oakwood Avenue, Toronto, ON

Description

Welcome to 374 Oakwood Avenue, a rare mixed-use freehold opportunity in the heart of Toronto's vibrant Oakwood Village community. This beautifully upgraded commercial and residential property offers exceptional visibility with a floor-to-ceiling glass storefront on a high-traffic corridor, making it ideal for owner-operators, investors, or future redevelopment opportunities. The main floor features approximately 1,500 sq. ft. of retail space, currently operating as a well-established hair salon, providing an excellent opportunity to live and work from the same property. Above the commercial space is a renovated residential unit offering comfortable living accommodations, while the finished lower level has been transformed into a spa featuring three treatment rooms, creating additional income potential. Extensive improvements have been completed throughout the property, including a major renovation in 2017 that updated the salon, kitchen, flooring, and residential unit, along with a 2025 basement renovation, new electric water heater, and a heavy-duty sump pump installation for added peace of mind. Two rear parking spaces provide valuable convenience for owners, tenants, and customers. Situated just minutes from the new Eglinton Crosstown LRT, this property benefits from enhanced transit connectivity and long-term neighbourhood growth. Oakwood Village is a thriving and diverse community known for its strong local business presence, popular restaurants, cafés, boutiques, and everyday amenities. Residents and visitors enjoy easy access to public transit, nearby parks, schools, recreation facilities, and Toronto's downtown core. Whether you're looking for a live-work opportunity, a strong income-producing asset, or a strategic long-term investment in a rapidly evolving neighbourhood, 374 Oakwood Avenue offers outstanding potential in one of Toronto's most promising transit-oriented corridors.