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About the Listing 187103 -
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!
Listing Highlights for 691 The Queensway N/A
Interior Details
- Appliances:
- Air Cond: Yes
- Heating: Electric Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Underground,No Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 771580009
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
691 The Queensway N/A Toronto, ON M8Y 3A6
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