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Est. payment | /mo
1,800 SqFt
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Est. payment | /mo
1,800 SqFt
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
Listed by RE/MAX OPTIMUM REALTY
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