2685 Eglinton Avenue E
2685 Eglinton Avenue E
$1,298,000
$556/sq ft · 16 days on market
About This Listing
Fantastic opportunity to own a versatile mixed-use property in a prime, high-traffic location on Eglinton Ave E in Scarborough. This well-maintained building features both commercial and residential components, making it ideal for investors or end users seeking strong, stable income potential. The commercial space offers excellent street exposure with consistent foot and vehicle traffic, while the residential units provide comfortable living with separate entrances, ensuring privacy and flexibility. Strategically located near major highways, public transit (KENNEDY GO and SUBWAY STATIONS), shopping, and everyday amenities, this property delivers unmatched convenience for both business and residential occupants. Ample parking and outstanding visibility further enhance its appeal, making it a rare find in one of Toronto's rapidly growing and high-demand corridors. Extras: TWO residential units on the upper level, ONE street-front commercial unit, and ONE basement commercial unit. Property includes FOUR hydro meters, a new electrical panel, and a newly installed fence with durable galvanized gates at the rear. Investment Highlight: All four units are currently tenanted, providing immediate rental income.
| Monthly Mortgage (P&I) | $5,655 |
| Property Tax (MLS) | $883 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,539 |
Down payment: $259,600 (20.0%) · Mortgage: $1,038,400
Property tax uses MLS annual tax of $10,599/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX METROPOLIS REALTY
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Data last updated: August 23, 2026 at 04:25 a.m.