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514A Evans Avenue

Alderwood / Toronto W06, ON M8W 2T7

ActiveFor Sale
0 Beds
2 Baths
1,600 Sq Ft
Commercial

About This Property

Exceptional 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 800 ft vacant lower level. 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

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,600 sq ft
Bedrooms0
Bathrooms2
Postal CodeM8W 2T7
Last UpdatedSep 13, 2026 · 9:52 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13615554

Listed by EXP REALTY

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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$899,999

asking price

MLS®W13615554
TypeCommercial
CityToronto W06
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,395

/month · $719,999 mortgage

Down Payment20% — $180,000
Interest Rate5.5%

Amortization

Total Interest

$598,445

Total Cost

$1,318,444

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

EXP REALTY