xceptional opportunity to own a fully renovated commercial property in one of Toronto's fastest-growing west-end corridors. Whether you're an owner-occupier looking for a turnkey space or an investor seeking long-term upside, 514A Evans Avenue offers outstanding flexibility, location, and future potential.The property features approximately 1,600 sq. ft. over two levels, with the 800 sq. ft. main floor vacant and available for immediate occupancy-ideal for establishing or expanding your business while benefiting from rental income from the lower level, which is currently tenanted. The E 1.0 Employment Industrial zoning permits a wide range of commercial uses, including professional offices, service businesses, production studios, custom workshops, technology and software development, and more.Positioned in an area undergoing significant transformation, the property stands to benefit from substantial nearby redevelopment, with more than 1,100 new residential units planned in the surrounding community. This continued growth is expected to increase local population density, strengthen demand for commercial services, and enhance the area's long-term appeal.Located just minutes from CF Sherway Gardens and offering exceptional access to the QEW, Gardiner Expressway, and Highway 427, the property provides outstanding connectivity to downtown Toronto, Mississauga, and Pearson International Airport.Additional value may exist through the potential for a second-storey addition or building expansion, subject to City approvals, zoning review, applicable permits, and the buyer's own due diligence.A rare opportunity to secure a renovated commercial property in a thriving location with immediate usability, strong investment fundamentals, and exciting future growth prospects.
Address
514A Evans Avenue
List Price
$899,999
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto W06
Sub-Area
Alderwood
Region
Toronto
Bathrooms
2
Lot Depth
120.17
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.01
Parcel Number
75680098
Total Building Area
1600
Occupant Type
Vacant
Cross Street
Evans Ave./Browns Line
MLS® Number
W13615554
Listing Brokerage
EXP REALTY
Basement
Yes
Postal Code
M8W 2T7
Parking Spaces
6
Tax Amount
$8,396.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
Yes
Sewer
Sanitary+Storm Available