New ListingCOMMERCIAL RETAIL INVESTMENT PROPERTY FOR SALE in Scarborough, ON. Located at 41 Lebovic Ave, Unit A119, near the busy intersection of Lebovic Ave & Eglinton Ave E, in a high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, retail plazas, restaurants, offices, major shopping centres, public transit, and other amenities. Excellent investment opportunity with an existing long-term franchise tenant, providing steady rental income. Buyers have the flexibility to retain the existing tenant for continued cash flow or establish their own business, subject to the existing lease, vacant possession arrangements, zoning, and applicable approvals. Suitable for a variety of retail and commercial uses. Units A119 and A120 are available for purchase separately or together, offering excellent flexibility for investors and business owners. Great opportunity to acquire an income-generating commercial property in a prime Scarborough location.
| MLS # | E14150362 |
|---|---|
| Listing Type | For Sale |
| Building Name | Retail Commercial Store |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 4 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | E14150362 406003 |
| SQ Feet | 657 |
|---|---|
| Acreage | 0.02 |
| Cooling | Yes |
|---|
| Security Features | Yes |
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| Utilities | Yes |
|---|
| Tax Annual Amount | 6330.72 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | UNIT 7, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 2357 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN AT3507875 CITY OF TORONTO. |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E04 |
| Postal Code | M1L 0H2 |
| Area | Clairlea Birchmount |
| Listing VS Median (in M1L 0H2) | |
Price: $387,500 low | high Med: $262,500 sqft: 657 low | high Med: 898 $ / sqft: $590 low | high Med: $316 On site: 4 low | high Med: 56 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E04 |
| Postal Code | M1L 0H2 |
| Area | Clairlea Birchmount |
| Listing VS Median (in M1L 0H2) | |
Price: $387,500 low | high Med: $262,500 sqft: 657 low | high Med: 898 $ / sqft: $590 low | high Med: $316 On site: 4 low | high Med: 56 | |