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Active

$899,999

514A Evans Ave

Toronto W06, ON M8W 2T7

514A Evans Ave, Toronto W06Listed at $899,999, 2 bathroom Commercial Retail. MLS® W13615554.

New this week
2Baths
800Sq Ft
Hospitality/Food Related
Commercial Retail
$8,396Taxes/yr · 2025

Description

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.

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)$8,396
HSTIn Addition To
SecurityYes
Listed Date7/29/2026
Days on Market7 days

Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Property UseRetail
Occupant TypeVacant
FranchiseNo
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area800 Sq Ft

Industrial Specifications

Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: EXP REALTY

MLS® #W13615554

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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HouseIndex Take: 514A Evans Avenue

This commercial retail is located in the Alderwood neighbourhood of Toronto.

The home offers 2 bathrooms.

Additional details: lot dimensions of 16.01 × 120.17 feet.

Listed at $899,999 CAD with annual property taxes of $8,396 (2025).

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 →