Attention Investors! Looking for an excellent location that provides a healthy return on investment? You've found it! This recently updated and super well maintained mixed use building with 2 residential and 1 commercial unit is truly a remarkable find. The building is located on the proposed LRT route with multiple future transit stops within close proximity, literally! Being on the corner lot of King St E, the property is exposed to high traffic and a great amount of pedestrians passing by. About the building: Unit 1(Convenience store: Currently Leased for $2500+HST monthly with rent increasing to $2700+HST in July 2025, Approx. 1600 sq ft, desirable lease that is favourable to the Landlord is in place), Unit 2(Residential unit: Rented for $2600 + Utilities, 3 beds, 2 bathrooms, Approx. 1000 sq ft, unit has been fully renovated w/lots of upgrades), Unit 3(Residential unit: Vacant, but currently listed for $2400 + utilities, 3 beds, 1 bath, Approx. 890 SqFt unit has been fully renovated w/lots of upgrades), POTENTIAL for a 4TH UNIT in basement! All units have their own separate entrance. In addition, there is separate Hydro/Gas meters in place for the units. The Electrical room has been nicely organized and updated with 800 AMP services for the building! Parking for more than 5+cars. Landlord only pays for Property Tax, Property Insurance & Water Heater Rental. Super low cost to operate the building as the Retail Tenant maintains the property (Snow, Garbage removal, & more). (39839403)
KING ST E & GLENDALE AVE S
Land Size
62.41 x 117.66 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$10,603.96 (CAD)
Time on REALTOR.ca
57 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.