1969 Eglinton Avenue West presents an exceptional opportunity to acquire a well-maintained 36-unit multifamily building in one of Toronto’s most dynamic growth corridors. The property offers a highly desirable unit mix of 15 one-bedroom and 21 two-bedroom suites, many of which are generously sized. The building generates additional revenue from laundry and both surface and underground parking, with 11 surface stalls and ample underground spaces.
Set on a 0.48-acre site, the building has been well cared for, featuring a tidy interior with terrazzo flooring and a classic dark red brick façade. Recent upgrades, including the replacement of hot water tanks, provide operational security for the next owner. With an estimated Year 1 NOI of $317,767 and approximately 60% upside potential through rent repositioning, the property presents substantial value-add potential.
The location further enhances this opportunity, benefiting from proximity to the new Eglinton Crosstown LRT, excellent transit connectivity, and a wide range of nearby amenities. This combination of scale, suite mix, and upside potential makes 1969 Eglinton Avenue West an attractive acquisition for both private and institutional investors seeking exposure to Toronto’s multifamily market.