Homula Realty Brokerage
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.

997 Eglinton Avenue W, Toronto, ON M6C 2C7

Commercial Retail
$2,288,000

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.

MLS number
C13708730
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M6C 2C7
Photos
17
Property tax
$23,993 / year
19days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Cedarvale Community School8.5 / 10
Elementary · Regular Track
TDSB boundary
Forest Hill Collegiate Institute7.7 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
West Preparatory Junior Public School
Toronto DSB
Elementary372 m7.7 / 10
77% met the standard
Torah HighSecondary358 mNot reported
Alive Montessori & Private SchoolElementary493 mNot reported
J R Wilcox Community School
Toronto DSB
Elementary649 m7.2 / 10
72% met the standard
Leo Baeck Day School, TheElementary813 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 480 people.

$196,000Median household income
89.3%Own their home
93.1%Detached houses
41.2Median age
10%Born outside Canada
71.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202256 — the few blocks around this address, home to 480 people. It describes the area, not this property.

480Population
38.9Average age
3.1Household size
$248,000Average household income
$196,000Median household income
89%Own their home
11%Rent
0%Condominiums
10%Born outside Canada
71%University degree
$2,160,000Average home value
2%Low income
51%Not in the labour force
25%Never married
$50,000 to $59,9992%
$60,000 to $69,9992%
$80,000 to $89,9992%
$100,000 and over45%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over29%

Percentages are of the 255 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$457,600 · minimum here is $457,600
$10,130.77per month
Borrowed before insurance$1,830,400
Total borrowed$1,830,400
Interest over 25 years at 4.5%$1,208,831

If you rented it out

-$12,130.19per month out of pocket
Rent$0.00
Everything it costs to hold$12,130.19
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — none currently in progress.

2004 BATHURST ST493 m
Closed · applied November 14, 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 increased to 71 total. Dec 2025 Resubmission: for a 72.3- metre (19-storey), plus a Mech.…

City planning file →
2010 BATHURST ST469 m
Closed · applied June 18, 2024

Draft Plan of Condominium for a nine storey residential building with 25 dwelling units.

City planning file →
875 EGLINTON AVE W419 m
Closed · applied August 30, 2021

Draft Plan of Standard Condominium to permit a total of 390 residential units within a 17-storey mixed use building, with 3 levels of underground parking containing 201 vehicular parking spaces.

City planning file →
875 EGLINTON AVE W419 m
Closed · applied October 24, 2019

Site Plan Approval Application for a proposed 17-storey mixed-use building containing 1000 square metres of non-residential gross floor area and 390 residential dwelling units.

City planning file →
2010-2012 BATHURST ST465 m
Closed · applied July 23, 2019

Site Plan Approval for proposed 8-storey building containing 4,630 square metres of residential gross floor area comprised of 26 residential units, 40 below grade parking spaces, and 26 bicycle parking spaces.

City planning file →
2010-2012 BATHURST ST465 m
Closed · applied October 23, 2018

Zoning By-law and Official Plan Amendment application to facilitate redevelopment of the site with an eight-storey mixed use development. 4.356 sq. m. residential gross floor area and 276 square metres of retail space on the ground floor.

City planning file →
925 EGLINTON AVE W304 m
Closed · applied November 7, 2016

Draft Plan of standard Condominium to permit a 9-storey mixed-use building containing 91 residential units and 1,244 square metres of retail space on the ground floor. A total of 146 parking spaces will be provided in a below grade parking garage.…

874 EGLINTON AVE W369 m
Closed · applied May 8, 2012

Eglinton Crosstown LRT Forest Hill Station

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the Toronto Regional Real Estate Board.