691 The Queensway Toronto (Stonegate-Queensway), Ontario M8Y 3A6
$1,099,900
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 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! (id:43681)
房源概要
| MLS® Number | W13804388 |
| 房源类型 | Retail |
| 社区名字 | Stonegate-Queensway |
| 总车位 | 1 |
详 情
| Age | 0 To 5 Years |
| 空调 | 全物业配备空调 |
| 供暖类型 | 压力热风 |
| Size Exterior | 1161 Sqft |
| 内部尺寸 | 1161 Sqft |
| 类型 | Retail |
| 设备间 | 市政供水 |
车 位
| 地下 |
土地
| 英亩数 | 无 |
| 规划描述 | Commercial (multi Use) |
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Toronto Real Estate Board
RE/MAX Gold Realty Inc.
September 18 2026 09:01:25
