For Sale

618 Brown's Line, Toronto (Alderwood), Ontario M8W3V5

$1,300,000

618 Brown's Line, Toronto (Alderwood), Ontario M8W3V5 is For Sale and has a listing price of 1,300,000. The property is located in the Alderwood neighbourhood. It's been on the website for 9 Days.

  • Retail
    Property Type
  • MLS ID: W11973736
  • Office Name RE/MAX HALLMARK REALTY LTD.,RE/MAX HALLMARK REALTY
Property Description

Welcome to 618 Browns Line, a versatile investment opportunity in Toronto’s vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you’re an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you’re looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don’t miss this unique opportunity to own a mixed-use property in a sought-after Toronto location! (id:43137)

Property Details
  • MLS ID: W11973736
  • Price: $1,300,000
  • Transaction Types: For Sale
  • Ref ID: 27917983
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
02/14/2025 W11973455 $1,300,000 For Sale - -
02/13/2025 W11973736 $1,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Alderwood
  • $1,430,213 Average List Price
    based on 1 year
  • 27 New Listings
    based on 30 days
  • 57 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.48 % Up
  • Sold (12mo) 79
  • Rented (12mo) 54

  • 1 Month Change -5.6%
  • 3 Month Change -8.4%
  • 6 Month Change +2.2%
Walkscore
  • 83 Walk Score
    Very Walkable
  • 55 Transit Score
    Good Transit
  • 59 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    73.5%
  • Commercial
    9.42%
  • Condo
    17.08%
Additional Details
  • Heating System Radiant Heat
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/02/2025 00:00:00
  • Zoning Lsr
  • Agent Name: STEPHEN LILLY,JEFF GONCALVES,MARIYA LILLY
  • Last Updated: 15/02/2025 01:06:52
Open House Dates
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