Listed for:Listed 20 days ago
$2,750,000

2651 Eglinton Avenue E

Scarborough (Kennedy Park), ON M1K 2S2

Store W Apt/Office For Sale
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Sale & Price History for 2651 Eglinton Avenue E, Scarborough, Kennedy Park

No listing history available

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About 2651 Eglinton Avenue E, Scarborough, Kennedy Park

Summarized Description

  • Versatile mixed-use property with strong income potential.
  • Includes 1 retail unit and 4 residential apartments.
  • Excellent street exposure and dual access points.
  • Stable income from multiple revenue streams.
  • Full unfinished basement ideal for storage.
  • Located in a high-traffic area with pedestrian access.
  • Future growth potential from nearby subway extension.
  • Great opportunity for investors or owner-operators.

Ideally situated on a major arterial road within a high-traffic strip plaza, this versatile mixed-use property offers outstanding visibility, strong pedestrian traffic, and convenient access to public transit. Surrounded by a well-established residential community, the property provides both stable income and long-term growth potential. The building features:1 retail/commercial unit, 4 x residential apartments, including:2 spacious two-bedroom units, 1 large one-bedroom unit, 1 bachelor unit with additional basement space. The residential units provide consistent supplementary rental income, while the commercial space benefits from excellent street exposure and dual front/rear access. Property features strong income potential with multiple revenue streams. Tenants pay their own hydro. Full unfinished basement ideal for storage. Large retail display window, 2-piece washroom in retail unit. Front and rear access. Rear laneway access for deliveries. Excellent opportunity for investors or owner-operators. A rare chance to acquire a well-located, income-producing mixed-use property with future upside from the upcoming Scarborough Subway Extension currently under construction along Eglinton Avenue.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,251
Land Transfer Tax Fee
$110,450

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
25.00 ft
Lot Depth
230.00 ft

Inclusions

Inclusions
4 stoves, 4 fridges, A/C (not working)

Parking & Garages

Garage Type
Outside/Surface

Heating & Cooling

Heat Type
Radiant
Air Conditioning
No
Water
Municipal

Municipality
Scarborough
Neighbourhood
Kennedy Park
Main cross streets
Eglinton/Danforth
Zoning
commercial
Directions
West of Brimley, south side

MLS® number
E13849514
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
20 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE PORRITT REAL ESTATE

Home Market Value

Current home valuation for 2651 Eglinton Avenue E, Scarborough, Kennedy Park, Scarborough, ON. Listed for $2,750,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2651 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

$550,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
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=Total mortgage
$2,200,000$2,062,500$1,925,000$1,787,500
Amortization
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Payment frequency
=Mortgage payment
$10,742monthly$10,070monthly$9,399monthly$8,727monthly
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Land Transfer Tax

Provincial

$55,225

Municipal (Toronto)

$55,225

Total Land Transfer Tax

$110,450

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