- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W13471956
- Photos (34)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Exceptional 9-unit mixed-use investment opportunity in the highly desirable Alderwood community of South Etobicoke, offering a strong 4.8% net cap rate with seller VTB financing available (terms to be negotiated). A rare asset offering immediate stable income and long-term upside through flexible mixed-use commercial/residential zoning.Currently configured as a fully stabilized 9-unit residential income property, the building was extensively gutted and renovated between 2017-2018 to condo-style standards. All nine suites feature modern kitchens, updated bathrooms, upgraded flooring, and include fridge, stove, dishwasher, and microwave. Three units have private in-suite laundry, while six units share a lower-level coin-operated laundry, generating additional income.Major upgrades include mechanical systems, high-efficiency furnace, six wall-mounted A/C units, and modern finishes throughout, creating a low-maintenance turnkey investment.Prominently located on the northeast corner of Browns Line and Horner Avenue, this high-exposure corner property offers excellent visibility and access to the QEW, Hwy 427, Gardiner Expressway, and Long Branch GO Station. Minutes to Sherway Gardens, Lake Ontario waterfront, Marie Curtis Park, Farm Boy, and major retail amenities.Mixed-use zoning offers future flexibility for office, retail, professional services, live/work, or continued residential rental use, subject to approvals. Rarely offered with 11 on-site parking spaces. Current rents are at or above market, with one vacancy coming August 1st, creating immediate upside.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 4000 sq. ft. Square Feet
- Total Area:
- 4,000 sq. ft.372 m2
- Retail Area:
- 2000 sq. ft. Sq Ft
- Lot Depth:
- 125'38.1 m
- Lot Frontage:
- 44'10"13.7 m
- Lot Details:
- 44.83 x 125.00 Feet
- Water supply:
- Municipal
- Rooms:
- 0
- Zoning:
- Commercial/Residentail
- Heating type:
- Electric Forced Air
- Cooling:
- Yes
- Garage:
- None
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $18,226.19 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto W06
- Alderwood
- No
- The property is equipped with exterior security camera surveillance for added monitoring and security of the common areas.
- Utilities:
- Yes
- Energy Certification:
- No
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Condo Fee:
- $0
- Category:
- Multi-Use
-
Photo 1 of 34
-
Photo 2 of 34
-
Photo 3 of 34
-
Photo 4 of 34
-
Photo 5 of 34
-
Photo 6 of 34
-
Photo 7 of 34
-
Photo 8 of 34
-
Photo 9 of 34
-
Photo 10 of 34
-
Photo 11 of 34
-
Photo 12 of 34
-
Photo 13 of 34
-
Photo 14 of 34
-
Photo 15 of 34
-
Photo 16 of 34
-
Photo 17 of 34
-
Photo 18 of 34
-
Photo 19 of 34
-
Photo 20 of 34
-
Photo 21 of 34
-
Photo 22 of 34
-
Photo 23 of 34
-
Photo 24 of 34
-
Photo 25 of 34
-
Photo 26 of 34
-
Photo 27 of 34
-
Photo 28 of 34
-
Photo 29 of 34
-
Photo 30 of 34
-
Photo 31 of 34
-
Photo 32 of 34
-
Photo 33 of 34
-
Photo 34 of 34
Larger map options:
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated June 21, 2026 at 07:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com
