994 EGLINTON AVENUE W, Toronto (Forest Hill North)

$2,595,000

For sale: Other

Other at 994 EGLINTON AVENUE W, Toronto (Forest Hill North)
Property type
Store W Apt/Office
MLS®
MLS® C13210194
Neighbourhood
Forest Hill North

Prime User or Investment opportunity on vibrant Eglinton Way/Strategically located on the north side of Eglinton Ave West between Old Park Rd and Hilltop Rd. Well positioned commercial retail property offers exceptional exposure in high traffic pedestrian and vehicular location surrounded by established businesses, neighbourhood amenities, and ongoing area growth. Main floor retail space & basement (former restaurant) is currently vacant ideal for an owner occupier, investor, or new tenant opportunity. Retail area also includes access to full basement, providing additional storage (walk-in fridge & freezer) and operational flexibility. Second floor consists of two self contained 2 bedroom residential apartments, currently rented on month to month basis, generating immediate income with future upside potential. Rear laneway access provides parking for 2 vehicles. Excellent opportunity to acquire a mixed use asset in sought after Midtown Toronto location with strong street presence and long term redevelopment and income potential. New Metrolinx LRT fully operational along Eglinton Ave W.

Sold data

Other homes in Toronto (Forest Hill North) — recent sold market

Other homes in Toronto (Forest Hill North) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Forest Hill North)

Toronto (Forest Hill North) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Forest Hill North)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 994 EGLINTON AVENUE W