Excellent opportunity to own a commercial building with a long-standing convenience store tenant in a high-demand Whitby location. This income-producing property at 261 Michael Blvd #10 offers a stable tenant operating a convenience store with a lease in place until March 2027, currently paying $3,500 per month plus HST. The property is surrounded by strong community amenities, including several schools within a 2 km radius such as West Lynde Public School, St. Marguerite d'Youville Catholic School, Colonel J.E. Farewell Public School, Henry Street High School, and All Saints Catholic Secondary School. Located in a family-friendly neighborhood with parks, residential homes, transit, and major amenities nearby, this property provides excellent visibility, steady foot traffic, and reliable long-term investment potential.
| MLS # | E12970338 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 142 |
| Listing Provided By | RE/MAX METROPOLIS REALTY | E12970338 302700 |
| SQ Feet | 1,800 |
|---|---|
| Acreage | 0.04 |
| Cooling | Yes |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|
| Tax Annual Amount | 8961 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Durham |
| City | Whitby |
| Postal Code | L1N 5B2 |
| Area | Lynde Creek |
| Listing VS Median (in L1N 5B2) | |
Price: $699,000 low | high Med: $699,000 sqft: 1,800 low | high Med: 1,800 $ / sqft: $388 low | high Med: $388 On site: 142 low | high Med: 142 | |
| Province | ON |
|---|---|
| County | Durham |
| City | Whitby |
| Postal Code | L1N 5B2 |
| Area | Lynde Creek |
| Listing VS Median (in L1N 5B2) | |
Price: $699,000 low | high Med: $699,000 sqft: 1,800 low | high Med: 1,800 $ / sqft: $388 low | high Med: $388 On site: 142 low | high Med: 142 | |