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$ 899,999
Est. payment | /mo
2 Baths
$ 899,999
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto W06
Subdivision Alderwood
MLS Listing ID W13615554
Annual Tax Amount $8,396
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
xceptional opportunity to own a fully renovated commercial property in one of Toronto's fastest-growing west-end corridors. Whether you're an owner-occupier looking for a turnkey space or an investor seeking long-term upside, 514A Evans Avenue offers outstanding flexibility, location, and future potential.The property features approximately 1,600 sq. ft. over two levels, with the 800 sq. ft. main floor vacant and available for immediate occupancy-ideal for establishing or expanding your business while benefiting from rental income from the lower level, which is currently tenanted. The E 1.0 Employment Industrial zoning permits a wide range of commercial uses, including professional offices, service businesses, production studios, custom workshops, technology and software development, and more.Positioned in an area undergoing significant transformation, the property stands to benefit from substantial nearby redevelopment, with more than 1,100 new residential units planned in the surrounding community. This continued growth is expected to increase local population density, strengthen demand for commercial services, and enhance the area's long-term appeal.Located just minutes from CF Sherway Gardens and offering exceptional access to the QEW, Gardiner Expressway, and Highway 427, the property provides outstanding connectivity to downtown Toronto, Mississauga, and Pearson International Airport.Additional value may exist through the potential for a second-storey addition or building expansion, subject to City approvals, zoning review, applicable permits, and the buyer's own due diligence.A rare opportunity to secure a renovated commercial property in a thriving location with immediate usability, strong investment fundamentals, and exciting future growth prospects.
Location
Province ON
County Toronto
Community Toronto W06
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 16.01
Lot Depth 120.17
Others
Security Features Yes
ParcelsYN No
Listed by EXP REALTY
