514A EVANS AVENUE, Toronto (Alderwood)

$899,999

For sale: Other

Property type: Retail
Bedrooms / bathrooms: 2 bathrooms
MLS number: MLS® W12926008
Neighbourhood: Alderwood

Other at 514A EVANS AVENUE, Toronto (Alderwood)

514A Evans Ave - Excellent investment opportunity in Alderwood, a rapidly growing South Etobicoke community. This fully renovated freehold unit (2022) features 800 sq. ft. main-level commercial space and 800 sq. ft. finished basement office (currently leased), generating immediate income. Structurally fitted to add an additional floor, offering significant future upside. Prime exposure on busy Evans Avenue, minutes to Gardiner, QEW, Hwy 427, and Sherway Gardens. Surrounded by new condo, mixed-use, and redevelopment projects, Alderwood is experiencing strong population growth and commercial demand, providing both stable cash flow and long-term appreciation potential.