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!
MLS # | W12107349 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 55 |
Listing Provided By | RIGHT AT HOME REALTY | W12107349 062203 |
Bath(s) | 2 |
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SQ Feet | 2,000 |
Acreage | 0.05 |
Heating Yes / No | Yes |
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Cooling Yes / No | No |
Cooling | No |
Province | ON |
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County | Toronto |
City | Toronto W03 |
Postal Code | M6E 3R3 |
Area | Caledonia Fairbank |
Listing VS Median (in M6E 3R3) | |
Price: $1,499,900 low | high Med: $824,950 SqFt: 2,000 low | high Med: 1,800 $ / SqFt: $750 low | high Med: $422 On site: 55 low | high Med: 58.000000 |