From the City's report regarding the inclusion of this property on the Heritage Registry:
"The property at 383 Eglinton Avenue East has cultural heritage value for the design of the commercial building as a representative example of a “Main Street Row” identified by the two-storey scale, the glazed commercial storefront with residential or commercial units in the upper floor, and the modest classical detailing with the corbelled brickwork typical of those dating to the interwar era in North Toronto.

Contextually, the property at 383 Eglinton Avenue East is valued for the role of the commercial building in defining, supporting and maintaining the historical mid-rise streetscape character of the thoroughfare east of Yonge Street as a prominent “Main Street” in North Toronto. The building at 383 Eglinton Avenue East is historically, visually and physically linked to its setting anchoring the southwest corner of Petman Avenue where it is part of a contiguous row of commercial buildings with a shared setback in the block between Forman and Petman avenues."