Listed for:Listed 25 days ago
$2,990,000

2633 Eglinton Avenue E

Scarborough (Kennedy Park), ON M1K 2S2

Store W Apt/Office For Sale
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Sale & Price History for 2633 Eglinton Avenue E, Scarborough, Kennedy Park

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2633 Eglinton Avenue E, Scarborough, Kennedy Park

Summarized Description

  • Prime mixed-use investment opportunity on major road
  • Two retail units leased to a restaurant
  • Four one-bedroom apartments for rental income
  • Flexible layout for retail space configuration
  • Full basement with potential for more units
  • Strong income potential with multiple revenue streams
  • Excellent visibility and access to public transport
  • Future subway development enhances property value

Prime Mixed-Use Investment Opportunity Ideally 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 income Previously 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-operators A rare opportunity to own a well-located, income-generating mixed-use property with future upside. Future Scarborough Subway currently under construction along Eglington. This property has 2 municipal addresses: 2631-2633 Eglinton Ave E

Key Facts & Features

Property Costs

Annual Property Tax Amount
$26,585
Land Transfer Tax Fee
$122,450

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
43.81 ft
Lot Depth
230.00 ft

Inclusions

Inclusions
2 fridge, 1 stove (located in apartments)

Parking & Garages

Garage Type
Outside/Surface

Heating & Cooling

Heat Type
Gas Hot Water
Air Conditioning
Partial
Water
Municipal

Municipality
Scarborough
Neighbourhood
Kennedy Park
Main cross streets
Eglinton Ave East / Brimley Rd
Zoning
commercial
Directions
west of Brimley

MLS® number
E13848590
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
25 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE PORRITT REAL ESTATE

Home Market Value

Current home valuation for 2633 Eglinton Avenue E, Scarborough, Kennedy Park, Scarborough, ON. Listed for $2,990,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2633 Eglinton Avenue E, Scarborough, Kennedy Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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Scarborough, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$598,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
$
%
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+CMHC insurance
$0$0$0$0
=Total mortgage
$2,392,000$2,242,500$2,093,000$1,943,500
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$11,679monthly$10,949monthly$10,219monthly$9,489monthly
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Land Transfer Tax

Provincial

$61,225

Municipal (Toronto)

$61,225

Total Land Transfer Tax

$122,450

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