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Active

514A Evans Ave

Toronto W06, ON M8W 2T7

$899,999

514A Evans Ave, Toronto W06Listed at $899,999, 2 bathroom Commercial Retail. MLS® W12926008.

2Baths
800Sq Ft
Hospitality/Food Related
Commercial Retail
$8,326 (2025)

Description

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.

Price & Status History

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Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Property UseRetail
Occupant TypeOwner+Tenant
FranchiseNo
Showing RequirementsList Brokerage, List Salesperson
Possession TypeFlexible
Listing Expires7/26/2026

Commercial Space & Financials

Retail Area800 Sq Ft

Industrial Specifications

Outside StorageNo

Property Details

Property TypeCommercial Retail
CommunityAlderwood
Washrooms2
Lot Dimensions16.01 × 120.17 ft
Dir/Cross StEvans Ave./Browns Line
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary+Storm Available
Taxes (2025)$8,326
HSTIn Addition To
SecurityYes
Listed Date3/26/2026
Days on Market75 days
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: EXP REALTY

MLS® #W12926008

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Commercial Retail is located in the Alderwood community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →