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Kennedy Park · M1K 2S2
$2,990,000
MLS® #E12986376
About This Property
Prime Mixed-Use Investment OpportunityIdeally located on a major road within a high-traffic strip plaza, this versatile property benefits from excellent visibility, strong foot traffic, and convenient access to public transportation. Surrounded by a well-established residential community, it offers both stability and growth potential.The property features two municipal addresses and includes:2 retail units (currently leased to a restaurant occupying both spaces)4 one-bedroom apartments, providing steady additional rental incomePreviously configured as one large retail space, the layout offers flexibility to reconvert into a single unit or maintain as two separate storefronts depending on your needs. There is also a full basement with exits to the rear laneway and room to add more units at the rear.Key Highlights:-Strong income potential with multiple revenue streams-Retail tenant currently pays for water and gas-All tenants responsible for their own hydro-Ideal for investors or owner-operatorsA rare opportunity to own a well-located, income-generating mixed-use property with future upside.Future Scarborough Subway currently under construction along Eglington.
General Information
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Estimated monthly payment
$14,689
Down payment: $598,000 · Loan: $2,392,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
ROYAL LEPAGE PORRITT REAL ESTATE
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 11, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.