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Est. payment /mo
1,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Subdivision Malton
MLS Listing ID W13633218
Annual Tax Amount $7,714
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Sale of Live Work Retail Property with 3 furnished residential units [2 bedrooms (Kitchen,1 washroom) Apartment + 1 bedroom (kitchen, 1 washroom) Apartment on 2nd floor + 1 bedroom (kitchen, 1 washroom) apartment in the basement + RETAIL unit on main floor and part basement]. Freshly updated interiors of all the units in the property with ample natural light. Currently used as a Medical Spa & BeautyTraining Centre. Plaza has multiple permitted uses and ample parking. Main floor Approx 900 sq.ft + Second floor Approx 900 sq.ft + Additionally Approx 900 sq. ft finished Basement. Close to Major highways-407, 427, GO station Prime intersection - Derry/Airport. Perfect for Investors: Income generating Asset 2nd floor units: 2 bedroom+1 bedroom fully furnished currently operated as AIRbnb through property management company and generating $5000 per month; 1 Bedroom basement unit leased for $1200 per month + Retail unit has been leased for a term of 5 years for $5500 per month. CAP RATE Approx over 7.5%.
Location
Province ON
County Peel
Area Peel
Zoning Commercial
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
ParcelsYN No
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Listed by RE/MAX OPTIMUM REALTY
Nearby School & Business
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