2 Collinsgrove Rd, Toronto, Ontario M1E 3S4

CR-Zoned 50 x 200 Ft Lot in an Established Commercial Area | Renovated Detached Bungalow | Parking for 10+. Attention business owners, professionals and investors! 2 Collinsgrove Rd sits on a 50 x 200 ft lot zoned CR (Commercial Residential) in an established retail area near Lawrence Ave E and Morningside Ave. Permitted uses under the CR zone include office, medical office/clinic, personal service shop, massage therapy, wellness centre, education use, artist or production studio, and software development (buyer to verify permitted uses, conditions and change-of-use requirements with the City). The deep lot provides on-site parking for approx. 10 vehicles for clients, staff or a fleet. It's minutes to UTSC, Centennial College and Hwy 401, with TTC at your doorstep. Extensively renovated 2023-2026, it generates income or serves your operations from day one. Upgrades include new electrical wiring, whole-house plumbing and a new sewer line to the city connection (all 2024), a new asphalt driveway and concrete walkway (2026), a roof from 2019 and A/C from 2023. Each level has its own appliances and laundry. Hold for income today with long-term upside!

Inclusions: Two sets of all Appliances: Stove, Fridge, Washer and Dryer, Dishwasher and Existing window coverings, lighting fixtures.The CR zone's unconditional list includes art gallery, artist studio, education use, financial institution, massage therapy, medical office, office, performing arts studio, personal service shop, pet services, production studio, software development and processing, veterinary hospital and wellness centre. In the CR zone, a medical office is defined to include a medical clinic, which is why I wrote "medical office/clinic." Retail store, service shop, retail service and take-out eating establishments are on the CR list of uses permitted only with conditions.