2282 ISLINGTON AVENUE, Toronto (Rexdale-Kipling)

2026-08-12
 

Quick Summary

Location
2282 ISLINGTON AVENUE, Toronto (Rexdale-Kipling), Ontario M9W3W8
Price
$1,500,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
3414 sqft

MLS®#W13663208

Property Description

MIXED-USE INVESTMENT OPPORTUNITY. Corner location at Islington Ave. & Rexdale Blvd. Building area approximately 3,414 sq. ft. (MPAC): ground-floor commercial 1,800 sq. ft., two separate 2-bedroom residential apartments 1,614 sq. ft. combined. CR zoning permits variety of commercial and residential uses. INCOME: Ground-floor commercial unit leased to established nail salon: $4,424.78/month + HST. Tenant responsible for utilities except 50% water. Commercial lease expires September 30, 2027. Two residential apartments on month-to-month basis at $1,850/month each; tenants pay hydro. Gross annual rental income (before HST): $97,497.36 (commercial $53,097.36 + residential $44,400). LOCATION: Prime Rexdale corridor near SmartCentres, shopping, restaurants, and amenities. Excellent TTC access and convenient Highway 401 connectivity. Three rear parking spaces. PROPERTY FEATURES: Ground-floor retail separate from residential access. Corner visibility for commercial tenant. LEASE STRUCTURE: Commercial lease in place until September 30, 2027, providing stable income. Month-to-month residential tenancies offer future flexibility. Flexible possession available. *Do not attend property without a booking made/confirmed by a Realtor* (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 3414 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: 38.89 x 173 FT

Zoning

  • Description: Commercial CR2 (c2;r1.5*1142)

Information entered by RE/MAX ROUGE RIVER REALTY LTD.
Listing information last updated on: 2026-08-11 18:37:05


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$500,000

Your One Percent Realty Commission savings†

$500,000

† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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