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!
Full Property Details
General
Business Type
-
Retail Area
1161.00 Sq Ft
Total Area
1161.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
1161.00 Sq Ft
Total Area
1161.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
Yes
Exterior
Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Underground
Garage Spaces
-
Zoning
Commercial (Multi Use)
Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Underground
Garage Spaces
-
Zoning
Commercial (Multi Use)
Building Description
Home Type
Commercial
Subtype
Commercial Retail
Year Built
0-5
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial Retail
Year Built
0-5
Water Supply
Municipal
Possession Date
No Data
Community
Community
Stonegate-Queensway
Community
Stonegate-Queensway
Taxes & Fees
Tax Year
2025
Occupancy
Tenant
Tax Year
2025
Occupancy
Tenant
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