2651 Eglinton Avenue E
2651 Eglinton Avenue E
$2,750,000
$602/sq ft · 64 days on market
About This Listing
Ideally situated on a major arterial road within a high-traffic strip plaza, this versatile mixed-use property offers outstanding visibility, strong pedestrian traffic, and convenient access to public transit. Surrounded by a well-established residential community, the property provides both stable income and long-term growth potential.The building features:1 retail/commercial unit, 4 x residential apartments, including:2 spacious two-bedroom units, 1 large one-bedroom unit, 1 bachelor unit with additional basement space. The residential units provide consistent supplementary rental income, while the commercial space benefits from excellent street exposure and dual front/rear access. Property features strong income potential with multiple revenue streams. Tenants pay their own hydro. Full unfinished basement ideal for storage. Large retail display window, 2-piece washroom in retail unit. Front and rear access. Rear laneway access for deliveries. Excellent opportunity for investors or owner-operators. A rare chance to acquire a well-located, income-producing mixed-use property with future upside from the upcoming Scarborough Subway Extension currently under construction along Eglinton Avenue.
| Monthly Mortgage (P&I) | $11,981 |
| Property Tax (MLS) | $1,050 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $13,031 |
Down payment: $550,000 (20.0%) · Mortgage: $2,200,000
Property tax uses MLS annual tax of $12,597/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE PORRITT REAL ESTATE
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Data last updated: August 23, 2026 at 04:25 a.m.