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Description
Rare mixed-use investment opportunity in the heart of Weston with strong cash flow and future upside. Prime street-front retail space offers wide frontage, excellent exposure, and abundant natural light in a high-traffic location. Upper level features three self-contained suites with estimated rental income of approximately $3,200/month. Main floor retail plus separate basement with private entrance offer additional income potential of approximately $2,800/month, for a total estimated income of $6,000/month. Fully renovated top to bottom in 2023 with approximately $150,000 in upgrades. Major improvements include a new high-efficiency furnace, central air conditioning, 50-gallon hot water tank, all new ductwork, updated gas lines, venting, insulation, thermostat, as well as upgraded plumbing and drainage systems. Additional features include a separate basement entrance, covered awning, new walkout slope, updated front and rear windows, 1 kitchen, 3 bathrooms, 2 hydro meters, backwater valve, and ample on-site parking. Potential to add a third storey for further expansion. Conveniently located close to transit, schools, highways, restaurants, and everyday amenities. Ideal for investors or end users seeking a turnkey property with stable income.
Location Description
Weston/Eglinton
Property Details
- Community: Weston
- Property Type: Owner/Commercial
- Garages: Outside/Surface
- Annual Property Taxes : $ 4779
Building Features
- Parking Type : Outside/Surface
Building Features
- Heating : Gas Forced Air Closed
Land (Lot Features)
- Frontage: 16.5 sq.ft
- Land Depth: 96sq.ft
Listing Contracted With: RE/MAX REALTRON WENDY ZHENG REALTY