514a Evans Avenue Toronto, Ontario M8W 2T7

$899,999

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. (id:55460)

Property Details

MLS® Number	W12926008
Property Type	Retail
Community Name	Alderwood
Parking Space Total	6

Building

Bathroom Total	2
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,600 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	120 Ft ,2 In
Size Frontage	16 Ft
Size Irregular	16.01 X 120.17 Ft
Size Total Text	16.01 X 120.17 Ft
Zoning Description	E-1

https://www.realtor.ca/real-estate/29521938/514a-evans-avenue-toronto-alderwood-alderwood