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$4,750,000
Est. payment /mo
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $659
Subdivision Ionview
MLS® Listing ID E12460889
Source Toronto Regional Real Estate Board
Property Description
Welcome to 743 Birchmount Road! A rare opportunity to acquire a well-maintained, income-generating mixed-use commercial plaza in the heart of Scarborough's Birchmount-Eglinton corridor. This strategically located property sits on a deep, high-exposure lot with multiple long-term tenants and flexible redevelopment potential. The building features eight (8) retail/office units and a secure basement level with five (5) individual storage units, all providing diversified and stable cash flow. Each unit is separately metered, with long-standing tenants and leases approaching renewal, offering strong potential for rental rate adjustments to current market levels. Located in a rapidly transforming neighbourhood surrounded by residential intensification, new transit infrastructure (Eglinton Crosstown LRT), and established amenities, this property is ideal for both passive investors seeking steady returns and developers looking to unlock additional density or residential expansion on the upper levels. Highlights include ample on-site surface parking, strong daily traffic exposure along Birchmount Rd, and convenient access to major routes including Eglinton Ave, Kennedy Rd, Warden Ave, and Highway 401. Excellent frontage, visibility, and accessibility make this an attractive investment in a growing community. Whether you're seeking a turnkey cash-flowing asset or a value-add redevelopment opportunity, 743 Birchmount Rd offers both security and upside potential in one of Scarborough's most connected and high-demand corridors. A must-see for investors, end users, and developers alike. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by KEE PLUS REALTY LTD.
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