The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime Midtown Toronto Investment / Owner-User Opportunity. Incredible opportunity to own a high-exposure commercial property at 1184-1188 Eglinton Ave W, ideally located steps from the new Eglinton Crosstown LRT and minutes to Allen Road. Approx. 3,300 sq ft two-storey commercial building situated in one of Toronto's most sought-after corridors. The property features two main floor retail units (approx. 825 sq ft each, total approx. 1,650 sq ft) and a large second-floor commercial office space (approx. 1,650 sq ft). Two additional basement areas provide valuable storage and flexible use options, including a space previously used as a research lab. Excellent opportunity for investors or owner-users with existing professional tenants and future potential to increase income by leasing vacant space and maximizing the building's full potential. The main floor offers excellent flexibility for retail, office, medical, professional, or service-related uses, including a former hair salon space with an existing layout. Located between the prestigious Forest Hill and Cedarvale neighbourhoods, this property benefits from strong exposure, excellent accessibility, public transit, and significant long-term upside.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$10,696/mo
Mortgage (principal + interest)$9,311
Property taxFrom listing: $16,614/yr$1,385
Minimum 20% ($497,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$497,800
Ontario land transfer taxProvincial brackets, no first-time refund$48,700
Toronto land transfer taxMunicipal brackets, no first-time refund$48,700
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$598,000
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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