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$1,199,000
Available - For Sale
Listing ID: W12736224
Excellent opportunity to acquire a rare freehold mixed-use Store With Apartment/Office in a high-visibility Albion Rd & Islington Ave plaza location within Thistletown-Beaumonde Heights. This well-located property offers approximately 1,906 sq ft of total space, featuring a leased ground-floor retail unit and a tenanted upper residential apartment, providing stable income with long-term upside.The ground-floor retail unit is currently leased at $3,000 per month, with the tenant responsible for utilities, under a 5-year lease plus a 5-year renewal option, offering secure and predictable income. The property benefits from a strong history of long-term commercial occupancy, previously leased to WIND Mobile and later a barber shop for approximately 7 years, demonstrating suitability for a wide range of service-oriented and retail uses.The upper residential apartment consists of 2 bedrooms and 1 washroom, with a functional layout including living area, dining/family space, and an open balcony. The unit is currently tenanted, providing additional steady income.Property includes 1 garage parking space and 4 outdoor parking spaces, ideal for both commercial and residential use.Low monthly plaza maintenance fee of approximately $200 includes garbage collection, snow removal, hydro for the owner/garage portion, and minor maintenance. Tenants pay their own utilities.Located within a well-established plaza surrounded by diverse businesses including retail, professional offices, and restaurants, generating consistent foot traffic.A rare opportunity to secure a freehold, income-generating mixed-use asset with long-term lease stability and strong future value in a growing west Toronto corridor.
Price $1,199,000
Taxes: $5,500
Tax Type: Annual
Occupancy by: Tenant
Address: 959 Albion Road , Toronto, M9V 1A6, Toronto
Postal Code: M9V 1A6
Province/State: Toronto
Legal Description: Pt Lot 33 Con B Pts 16, 17, 18, 43 & 44
Directions/Cross Streets: Islington Ave And Albion Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 1,906
Total Area Code:  Square Feet
Office/Appartment Area: 1000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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RE/MAX REALTRON REALTY INC.

959 Albion Road , Toronto, M9V 1A6, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Thistletown-Beaumonde Heights
Style:
Lot Size: x 97.99(Feet)
Approximate Age:
Tax: $5,500
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949