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Weston · M9N 2S9
$1,949,000
MLS® #W12971672
About This Property
Prime Investment Opportunity in a High-Demand Location! An exceptional chance to acquire a mixed-use building in the vibrant Jane & Lawrence neighbourhood, offering solid income generation and long-term upside. The main floor is occupied by two established commercial tenants, providing consistent revenue in a high-traffic area. Their lease are up for renewal at the end of the year, and they are open to staying. The second level includes two residential suites: a well-appointed 2-bedroom unit and a spacious 3-bedroom layout with an ensuite laundry. Both are currently tenanted on a month-to-month basis, delivering immediate cash flow while allowing flexibility for future use. Notable updates include a boiler, tankless hot water system, refreshed brick façade, updated windows, and newly redone rear concrete area. The finished basement adds additional usable space, featuring multiple rooms that offer flexible use. Multiple entrances and separate hydro meters further enhance the building's versatility. At the rear, six laneway parking spaces provide added convenience for both residential and commercial occupants. A turnkey, income-producing asset with strong upside-ideal for investors looking to expand their portfolio or capitalize on a well-located mixed-use opportunity.
General Information
Building & Mechanicals
Parking & Garage
Lot & Land
Taxes
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Estimated monthly payment
$9,575
Down payment: $389,800 · Loan: $1,559,200
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
PSR
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Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.