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    For Sale - 691 The Queensway N/A, Toronto, Ontario

    Est payment $5,282/mo
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    Views   1
    Time on Jump  47 day

    AI Summary *

    • Turnkey investment with a tenanted commercial unit in a boutique building.
    • Established Nail & Beauty Spa with a long-term tenant and lease security.
    • Attractive cap rate and built-in annual rent escalations of 4%.
    • Tenant pays TMI, ideal for a hands-off investment experience.
    • Prime location on The Queensway with future growth potential.




    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 IDW13804388
    Address691 The Queensway N/A
    CityToronto, Ontario
    Price$1,099,900
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Electric Forced Air

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    Listing Brokerage: RE/MAX GOLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    691 The Queensway N/a
    Toronto , Ontario
    $1,099,900
    Get more info