804 Eglinton Avenue E, Toronto, ON M4G 2L1

$1,080,000

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Property Description

In sight of Laird Station on the new LRT, purchase this single tenant building and watch it thrive with the new subway opening. New roof and HVAC (2023) mean turn-key investment returns. Be the proud landlord of this established, fully equipped, licensed restaurant with a walk-in fridge, 10-foot ventilation hood and full-height, full-size basement. Two car parking and easy delivery access from alley make this a delivery hot-spot. Be brave and pursue a redevelopment opportunity with your eager neighbours. NNN rental income is good - and it's getting better in 2027. The seller will guarantee the rent at the higher rate until it renews in February. How much does public transit raise commercial rents? Own this property and find out.

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Listing courtesy of ROYAL LEPAGE ESTATE REALTY.