1178 Weston RoadPrime Investment Opportunity
|Location||Located north of Eglinton Ave West on Weston Road.|
|Building Area||5,707 SF|
|Site Area||6,900 SF|
1178 Weston Road is a unique investment opportunity situated in the Mount Dennis neighbourhood of Toronto within walking distance to the high traffic intersection of Weston Road & Eglinton Avenue West. The area is undergoing substantial residential and commercial densification highlighted by the development of the future Mount Dennis Eglinton LRT station. The new station will be at the heart of a transit hub connecting Kitchener’s two-way, all-day GO Transit service to the airport via UP Express, to TTC buses and the Eglinton Crosstown LRT.
The property is a 5,707 sq. ft. mixed-use retail building currently occupied by two ground floor commercial tenants – Calabar Grill Toronto and Dutch Love Cannabis. There are 3 residential tenants occupying the second floor of the premises. The offering presents excellent in-place holding income along with upside redevelopment potential. There are several national retailers located in close proximity along Weston Road and the area continues to grow and gentrify as new development projects continue to materialize. The current owners have recently spent over $418,000 in capital improvements to the property.
The zoning allows for a variety of commercial uses.
- Ming Zee
- President, Broker of Record
- 416.703.6621 x222