2282 Islington Avenue,Toronto W10, ON M9W 3W8
Toronto W10, ON M9W 3W8
Description
MIXED-USE INVESTMENT OPPORTUNITY. Corner location at Islington Ave. & Rexdale Blvd. Building area approximately 3,414 sq. ft. (MPAC): ground-floor commercial 1,800 sq. ft., two separate 2-bedroom residential apartments 1,614 sq. ft. combined. CR zoning permits variety of commercial and residential uses. INCOME: Ground-floor commercial unit leased to established nail salon: $4,424.78/month + HST. Tenant responsible for utilities except 50% water. Commercial lease expires September 30, 2027. Two residential apartments on month-to-month basis at $1,850/month each; tenants pay hydro. Gross annual rental income (before HST): $97,497.36 (commercial $53,097.36 + residential $44,400). LOCATION: Prime Rexdale corridor near SmartCentres, shopping, restaurants, and amenities. Excellent TTC access and convenient Highway 401 connectivity. Three rear parking spaces. PROPERTY FEATURES: Ground-floor retail separate from residential access. Corner visibility for commercial tenant. LEASE STRUCTURE: Commercial lease in place until September 30, 2027, providing stable income. Month-to-month residential tenancies offer future flexibility. Flexible possession available. *Do not attend property without a booking made/confirmed by a Realtor*
Details
| MLS # | W13663208 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 15 |
| Listing Provided By | RE/MAX ROUGE RIVER REALTY LTD. | W13663208 498600 |
Features
| SQ Feet | 3,414 |
|---|---|
| Acreage | 0.08 |
Interior
| Cooling | No |
|---|
Exterior
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 16621 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W10 |
| Postal Code | M9W 3W8 |
| Area | Rexdale Kipling |
| Listing VS Median (in M9W 3W8) | |
Price: $1,500,000 low | high Med: $750,028 sqft: 3,414 low | high Med: 2,907 $ / sqft: $439 low | high Med: $220 On site: 15 low | high Med: 97.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto W10 |
| Postal Code | M9W 3W8 |
| Area | Rexdale Kipling |
| Listing VS Median (in M9W 3W8) | |
Price: $1,500,000 low | high Med: $750,028 sqft: 3,414 low | high Med: 2,907 $ / sqft: $439 low | high Med: $220 On site: 15 low | high Med: 97.5 | |
