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    For Sale - 959 Albion Road, Toronto, Ontario

    Est payment $5,757/mo
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    Views   2
    Time on Jump  185 day

    AI Summary *

    • Rare mixed-use property with retail and residential units in a busy plaza.
    • Ground-floor retail leased at $3,000/month for steady income and stability.
    • Upper apartment offers 2 bedrooms and functional living space, currently tenanted.
    • Ample parking with garage and outdoor spaces for both commercial and residential use.
    • Low monthly maintenance fee covers basic services, reducing owner expenses.




    Excellent opportunity to acquire a rare freehold mixed-use store with apartment/office in a high-visibility albion rd & islington ave plaza location within thistletown-beaumonde heights. This well-located property offers approximately 1,906 sq ft of total space, featuring a leased ground-floor retail unit and a tenanted upper residential apartment, providing stable income with long-term upside. The ground-floor retail unit is currently leased at $3,000 per month, with the tenant responsible for utilities, under a 5-year lease plus a 5-year renewal option, offering secure and predictable income. The property benefits from a strong history of long-term commercial occupancy, previously leased to wind mobile and later a barber shop for approximately 7 years, demonstrating suitability for a wide range of service-oriented and retail uses. The upper residential apartment consists of 2 bedrooms and 1 washroom, with a functional layout including living area, dining/family space, and an open balcony. The unit is currently tenanted, providing additional steady income. Property includes 1 garage parking space and 4 outdoor parking spaces, ideal for both commercial and residential use. Low monthly plaza maintenance fee of approximately $200 includes garbage collection, snow removal, hydro for the owner/garage portion, and minor maintenance. Tenants pay their own utilities. Located within a well-established plaza surrounded by diverse businesses including retail, professional offices, and restaurants, generating consistent foot traffic. A rare opportunity to secure a freehold, income-generating mixed-use asset with long-term lease stability and strong future value in a growing west toronto corridor.
    Listing IDW12736224
    Address959 Albion Road
    CityToronto, Ontario
    Price$1,199,000
    Bath2 Full
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public Transit, Recreation/Community CentreHeating / Cooling Electric Forced AirSewer Sanitary+Storm

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    Listing Agency:  RE/MAX REALTRON 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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    959 Albion Road
    Toronto , Ontario
    2 $1,199,000
    Get more info