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$1,500,000
Ontario,Toronto (Rexdale-Kipling)
For Sale Active
2282 ISLINGTON AVENUE, Toronto (Rexdale-Kipling), Ontario M9W3W8
  • 3,414 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: W13663208
  • Price: $1,500,000
  • Square Footage: 3,414 Sqft
  • Status: Active
  • Office Name: RE/MAX ROUGE RIVER REALTY LTD.
  • Property Sub Type: Retail
  • Office Key: 50948
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Toronto (Rexdale-Kipling), M9W3W8
  • Street: Islington
  • Street Number: 2282
  • Street Suffix: Avenue
  • Longitude: W80° 26' 41.5''
  • Latitude: N43° 42' 54.2''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 38.89 x 173 FT
Financial
  • Tax Annual Amount: 16621
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Listing updated: 2026-08-19 03:45:19
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Listing Information
  • List Agent Key: 1920989
  • List Office Key: 50948
  • Modification Timestamp: 2026-08-11T18:45:15Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-08-11T18:37:05Z
Powered by REALTOR.ca
Listing updated: 2026-08-19 03:45:20
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