Kaija Pitt
Direct: 416-371-9447
Office: 416-960-9995
Sotheby’s Canada
1867 Yonge Street, Suite 100
Toronto ON M4S 1Y5 CA

Forest Hill

This former village was amalgamated into Toronto in 1967, and has become one of the most affluent neighbourhoods in the city. Populated by successful business owners, doctors and lawyers, the prestige of the neighbourhood continues to grow steadily. Forest Hill is centred on the intersection of Spadina Road and Lonsdale Road. In addition to the grand homes of the area, the Forest Hill Village on Spadina Road offers boutiques, shops and fine restaurants.


In the early 1900s, homeowners in the area were required to hire architects to build their homes and plant at least one tree in the front yard. The results were brick, neo-traditional mansions and majestic trees that filled the winding roads and sloping hills of Forest Hill. Homes here are mostly detached and boast large lots. There are some semi-detached houses and town homes. A variety of architectural styles, including Tudor and Georgian, and generously proportioned, immaculate lawns and gardens add to the desirability of this neighbourhood.


The Beltline Trail, a 9-kilometre path, passes through Forest Hill to Rosedale, making a great place for a hike or leisurely stroll, away from the city scene. Forest Hill contains a few main roads including Spadina and St. Clair, where residents choose from a wide selection of places to shop and dine. Forest Hill also has some of Canada’s most prestigious schools including Upper Canada College, Bishop Strachan, and Forest Hill Collegiate Institute.

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994 Eglinton Avenue W
Forest Hill North Toronto M6C 2C5

$2,595,000 /For Sale
Commercial

Main Photo: 994 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13210194
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13210194
Prime User or Investment opportunity on vibrant Eglinton Way/Strategically located on the north side of Eglinton Ave West between Old Park Rd and Hilltop Rd. Well positioned commercial retail property offers exceptional exposure in high traffic pedestrian and vehicular location surrounded by established businesses, neighbourhood amenities, and ongoing area growth. Main floor retail space & basement (former restaurant) is currently vacant ideal for an owner occupier, investor, or new tenant opportunity. Retail area also includes access to full basement, providing additional storage (walk-in fridge & freezer) and operational flexibility. Second floor consists of two self contained 2 bedroom residential apartments, currently rented on month to month basis, generating immediate income with future upside potential. Rear laneway access provides parking for 2 vehicles. Excellent opportunity to acquire a mixed use asset in sought after Midtown Toronto location with strong street presence and long term redevelopment and income potential. New Metrolinx LRT fully operational along Eglinton Ave W.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2800 sq. ft. Square Feet
Total Area:
2,800 sq. ft.
Retail Area:
1400 sq. ft. Sq Ft
Office/Apt Area:
1400 sq. ft. Sq Ft
Lot Depth:
114'
Lot Frontage:
20'
Water supply:
Municipal
Zoning:
commercial/retail
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
2
Possession Details:
immed/tba
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$21,788.96 / 2025
Assessment:
$- / -
Toronto
Toronto C04
Forest Hill North
No
three hot water heater rentals (3x $23.00 exclusive of taxes)
All existing main floor and basement equipment (former restaurant) including hood, walk-in fridge and walk-in freezer, and two (2) existing fridges and two (2) existing stoves in 2nd floor residential apartments.
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
May 28, 2026
Original Price:
Previous Price:
  • Photo 1: 994 Eglinton Avenue W in Toronto: Forest Hill North Commercial for sale (Toronto C04)  : MLS®# C13210194
    Photo 1 of 1
Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated May 29, 2026 at 02:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.