Salehian.com 647-325-5000

997 Eglinton Avenue W

Humewood-Cedarvale, Toronto, M6C 2C7

$1,998,000

Reduced $290,000 from $2,288,000

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Listed 57 days ago · MLS® C13708730

About this home

Fantastic Investment, Redevelopment & User Opportunity! Rarely offered corner commercialbuilding ideally situated in the dynamic Eglinton West corridor, directly adjacent to amunicipal parking lot and along the transit line. This property offers an exceptionalcombination of existing income, future rental upside, signage opportunities and long-termredevelopment potential. The main floor is currently leased, providing immediate income, while the newly renovatedsecond floor is vacant and ready for occupancy or leasing. The property also offers multipleprominent roof and side-wall signage opportunities, creating additional income potential. Potential for an additional apartment, subject to zoning, permits and municipal approvals,provides another avenue for future value creation. The property also features 2 dedicatedparking spaces at the rear. A rare opportunity to acquire a corner income-producing asset with multiple revenue streams, arenovated second level, signage potential, parking and significant future redevelopment upsidein one of Toronto's most active and rapidly evolving corridors.

Details

Type
Commercial Retail
Lot
21.59 × 100 ft
Garage
Reserved/Assignd
Property tax
$23,993 (2026)
Neighbourhood
Humewood-Cedarvale
Municipality
Toronto C03

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
2,153 Square Feet

More

Possession
SECOND FLOOR VACANT
Cross street
Eglinton/Bathurst
Business type
Service Related

Price history

DatePriceChange
Aug 24, 2026$2,288,000Listed
Oct 20, 2026$1,998,000−$290,000

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Cedarvale Subway6 min walk
  • 🚇 Forest Hill LRT8 min walk
  • 🚆 Mount Dennis GO4.7 km

Within a 10-minute walk: 5 grocery stores, 30 cafés and restaurants, 12 parks, 6 pharmacies. Nearest grocery: Nortown Foods (400 m). Nearest park: Wembley Parkette (150 m).

Schools nearby

Elementary

  • West Preparatory Junior Public School
    EQAO: Gr 6 reading 87%, math 57%    6 min walk
  • Cedarvale Community School
    EQAO: Gr 6 reading 97%, math 69%    6 min walk
  • J R Wilcox Community School
    EQAO: Gr 6 reading 97%, math 66%    10 min walk
  • Davisville Junior Public School17 min walk

Secondary

  • Forest Hill Collegiate Institute
    EQAO: Gr 9 math 60%, literacy test 93%    14 min walk
  • Spectrum Alternative Senior School17 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 M6C

Owners / renters
50% / 50%
Median household income
$91,000
Average age
41
Children under 15
16%
Homes
35% detached, 23% high-rise
Commute by transit
33%
Population
23,997

Languages spoken most at home besides English: Spanish 2%, Tagalog (Pilipino, Filipino) 2%, Portuguese 1.7%, Italian 1.3%.

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 Humewood-Cedarvale (2025): 34% below the Toronto average, up 19% from the year before.

  • Assault39% below average
  • Break and enterabout average
  • Auto theft41% below average
  • Robbery46% below average
  • Theft from vehicles49% below average
  • Shootings48% 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 2 active

  • 5 PARK HILL RD · 500 m
    Site Plan · Under Review · applied 2025
    Site Plan Control Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being…
    Application details
  • 5 PARK HILL RD · 500 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    OPA & Rezoning Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being a…
    Application details
  • 2008 BATHURST ST · 450 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    Jan 2026 Resubmission: to include 7 rental replacement units. No built form or massing changes made to the proposal. The number of dwelling units have…
    Application details
  • 2010-2012 BATHURST ST · 450 m
    Plan of Condominium · Closed · applied 2024
    Draft Plan of Condominium for a nine storey residential building with 25 dwelling units.
    Application details

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): 7 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Allen Road300 m

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

  • Other · 2017 · Closed
    Admin permit for 999 Eglinton Ave W. # 17-117172.
  • Fire Damage · 2017 · Closed
    Proposed fire damage repair and reinforce joists damaged by fire in existing mixed-use building.
  • Other · 2017 · Closed
    INSTALL TEMPORARY SHORING TO ACCOMMODATE THE REPLACEMENT OF PARTY WALL DUE TO FIRE DAMAGE.

2 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

91 City street trees within 100 m, mostly honeys. That’s more 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 ROYAL LEPAGE SIGNATURE REALTY.

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

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