Description
Rare Mixed-Use Investment Opportunity Turnkey Income Generator!Step into a prime investment with this exceptional two-storey mixed-use building, perfectly situated and built for long-term income stability. This well maintained property features a well-established coin laundromat on the main floor, operating for over two decades and known in the community for its reliability and steady foot traffic. Upstairs, enjoy additional income from a bright and spacious 2-bedroom residential unit, currently leased to AAA tenants at $2,249/month. This modern apartment offers comfort, charm, and consistent rental cash flow.With a strong tenant profile, established business income, and an impressive cap rate, this property checks all the boxes for seasoned investors and those entering the commercial/residential market. Don't miss this rare opportunity to own a stable, dual-income property with proven performance. Whether you're an investor seeking cash flow or a business owner looking for live/work potential, this asset delivers. Owner is retiring and seeking the next owner for this gem of an investment!
Overview
Property ID:
W12107349
Type:
Store W Apt/Office
Bathrooms:
2
Square:
2,000 m²
Price:
$1,499,900
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
No
Heating:
Gas Forced Air Closed
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
8749.88
PossessionDetails:
TBD
Map
-
AddressToronto W03
Contact Agency
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