514a Evans Avenue, Toronto
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. (id:1945)
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Property details for 514a Evans Avenue, Toronto
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 1,600 square feet
- Lot Size
- 16.01 x 120.17 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $8,396
Nearby Listings Stat
Estimated price and comparable properties near 514a Evans Avenue
Active Listings
56
Min Price
$469,900
Max Price
$1,549,000
Avg Price
$826,503
Days on Market
42
days
Sold Listings
31
Min Sold Price
$499,998
Max Sold Price
$1,699,990
Avg Sold Price
$865,654
Days until Sold
57
days
Neighbourhood Census Data
Toronto, Ontario
Population
617
Median Age
47.3
Median Income
$34,368
Dwelling Value
$648,413
Housing Tenure
Owners 87%
Renters 13%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 1,209.8/km²
Avg Shelter Cost: $1,108/mo
Owners with Mortgage: 37.5%
Owners Spending 30%+: 9.8%
Tenants Spending 30%+: 0%
English only: 91.9%
English and French: 4.9%
Neither: 2.4%
Median Household Income: $80,128
Median Employment Income: $41,344
Price History
Listed
July 29, 2026
by EXP REALTY
Current Price
$899,999
Type
Commercial
For Sale
