658 Vaughan Road presents an exceptional opportunity to acquire a freestanding, renovated building in the dynamic Oakwood Village neighborhood of Toronto. This versatile property offers a strategic blend of commercial and residential space, making it suitable for an owner-user or investor seeking multiple income streams. Featuring a high-visibility corner location, the asset is steps away from the new Eglinton Crosstown LRT station at Oakwood, providing unmatched transit connectivity and enhancing long-term value.
The property spans approximately 3,000 square feet over multiple levels. The main floor boasts a bright office/showroom with expansive windows, a private office, meeting room, open-concept area, and its own two-piece washroom, complemented by marble and hardwood flooring. Lower floor spaces provide flexibility with four additional offices, a large open space, and basement amenities, including a full kitchen, dining area, and male/female washroom facilities. The second floor consists of a spacious two-bedroom residential apartment with a separate kitchen, living/dining area, fireplace, and walkout access to an expansive 900-square-foot rooftop terrace.
Ample on-site parking for eight vehicles adds convenience rarely available in this urban location. The CR2 zoning allows for a wide range of uses, increasing the adaptability and long-term investment appeal of the property. Positioned minutes from major Toronto corridors and surrounded by dense residential neighborhoods, this asset offers immediate functionality and compelling upside potential in a growing commercial district.