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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1600 sq. ft. Square Feet
Total Area:
1,600 sq. ft.149 m2
Retail Area:
800 sq. ft. Sq Ft
Office/Apt Area:
800 sq. ft. Sq Ft
Lot Depth:
120'2"36.6 m
Lot Frontage:
16'⅛"4.88 m
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
E-1
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Parking Spaces:
6
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,326 /
2025
Assessment:
$- /
-
Toronto
Toronto W06
Alderwood
Yes
Gas Furnace, Air Conditioner, Pot Lights, Exterior Light Fixtures, Yard Security Lighting, Fenced-In Back Patio.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.