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$1,099,900
Est. payment /mo
1,161 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $947
Municipality Toronto W07
Subdivision Stonegate-Queensway
MLS Listing ID W13804388
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Turnkey Commercial Investment Opportunity in the Heart of Etobicoke! An exceptional opportunity to acquire a tenanted commercial unit in a boutique condominium building, ideally positioned with excellent exposure along The Queensway. Currently occupied by an established Nail & Beauty Spa with a long-term tenant and over 4 years remaining on the existing lease, plus a 5-year renewal option. Offering an attractive approximately 5% cap rate with built-in annual rent escalations of 4%, providing growing income year after year. The tenant pays TMI, including condo fees and property taxes, making this an excellent hands-off investment opportunity. One parking space included. Located along the rapidly evolving Queensway corridor, surrounded by residential developments, established neighbourhoods, businesses, transit and major amenities. An excellent opportunity for investors seeking immediate rental income, long-term stability and future growth potential in Toronto. Don't miss this rare investment opportunity!
Location
Province ON
County Toronto
Community Toronto W07
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Building
Building Age 0-5
Others
Security Features Yes
ParcelsYN No
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Listed by RE/MAX GOLD REALTY INC.
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