1606 Eglinton Avenue W

Briar Hill-Belgravia, Toronto, M6E 2G8

$749,900

Reduced $100,000 from $849,900

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Listed 68 days ago · MLS® W13671380

About this home

Prime commercial investment opportunity in one of Toronto's rapidly evolving growth corridors. The retail space is currently leased to a restaurant at $3,300 per month on a four-year term, with the flexibility for the tenant to vacate upon 90 days' notice. The property features a basement, rear parking, and laneway access, with excellent mixed-use and future redevelopment potential. Strategically located beside the new Eglinton station and steps from Allen subway station, Eglinton West, and GO Transit. Surrounded by significant high-density residential development and ongoing investment, this property offers immediate rental income with compelling long-term growth and redevelopment potential.

Details

Type
Commercial Retail
Lot
16.33 × 98 ft
Garage
None
Neighbourhood
Briar Hill-Belgravia
Municipality
Toronto W04

Heating, cooling and services

Heating
Gas Forced Air Open

Building and exterior

Building area
1,000 Square Feet

More

Possession
Flexible
Cross street
Eglinton/Oakwood

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Oakwood LRT1 min walk
  • 🚇 Fairbank LRT8 min walk
  • 🚆 Mount Dennis GO3.7 km

Within a 10-minute walk: 9 grocery stores, 45 cafés and restaurants, 8 parks, 7 pharmacies. Nearest grocery: Caribbean Farm Fresh (50 m). Nearest park: Senator Peter Bosa Parkette (350 m).

Schools nearby

Elementary

  • St. Thomas Aquinas Catholic School Catholic
    EQAO: Gr 6 reading 71%, math 49%
    4 min walk
  • Fairbank Public School
    EQAO: Gr 6 reading 60%, math 16%
    8 min walk
  • D'Arcy McGee Catholic School Catholic
    EQAO: Gr 6 reading 72%, math 32%
    9 min walk
  • J R Wilcox Community School
    EQAO: Gr 6 reading 97%, math 66%
    11 min walk

Secondary

  • Spectrum Alternative Senior School14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6E

Owners / renters
55% / 45%
Median household income
$82,000
Average age
42
Children under 15
14%
Homes
35% detached, 10% high-rise
Commute by transit
34%
Population
37,684

Languages spoken most at home besides English: Portuguese 10.7%, Spanish 5.2%, Italian 3.5%, Tagalog (Pilipino, Filipino) 3.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Briar Hill-Belgravia (2025): about the Toronto average, about the same from the year before.

  • Assaultabout average
  • Break and enterabout average
  • Auto theftabout average
  • Robberyabout average
  • Theft from vehicles31% below average
  • Shootings50% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 9 active

  • 1414 EGLINTON AVE W · 400 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2024
    Rezoning Application to redevelop the site with a 43-storey mixed-use building with a total net FSI of 24.77 and a lot coverage of approximately 71%. The…
    Application details
  • 680 NORTHCLIFFE BLVD · 400 m
    Site Plan · Under Review · applied 2023
    Feb 2025 Submission - Site Plan resubmission for a proposed 124.73 m (39-storey excluding Mech. Penthouse) purpose built rental, mixed-use building with…
    Application details
  • 632 NORTHCLIFFE BLVD · 500 m
    Site Plan · Under Review · applied 2022
    June 2024 Proposal: a 40-storey (129.4 metres plus mech. penthouse) residential Building containing 442 dwellin units.Proposed development of a new 36-storey…
    Application details
  • 655 NORTHCLIFFE BLVD · 350 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval-15-storey residential building having a residential gross floor area of 11037.1 square metres
    Application details
  • 655 NORTHCLIFFE BLVD · 350 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2021
    Nov 2025 Resubmission reflecting the Council-adopted Settlement Offer proposal: for a 42-storey mixed-use building, with a total of 24,052.8 square metres,…
    Application details
  • 1801 EGLINTON AVE W · 450 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for a 41-storey mixed-use building having a non-residential gross floor area of 880 square metres, and a residential gross floor area of…
    Application details

7 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 8 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

3 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

28 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REMAX YOUR COMMUNITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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