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2282 Islington Avenue, Toronto, ON M9W 3W8

Toronto W10, ON, M9W 3W8 · Rexdale-Kipling

Sq Ft
Store W Apt/Office Type
W13663208 MLS#

About this property

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*

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Store W Apt/Office
Garage None
Heat Type Gas Forced Air Closed
Cooling No
Annual Tax $16,621
Tax Year 2026

Building & Construction

Building Area Total
3414

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
No

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
173.00
Lot Width
38.89

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$16,621
Tax Year
2026
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Islington/Rexdale
Directions
Just North of Highway 401
Showing Requirements
Showing System

Location

2282 Islington Avenue, Toronto, ON M9W 3W8, Toronto W10, ON, M9W 3W8

Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.
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