2282 Islington Avenue, Toronto, ON M9W 3W8
For Sale

2282 Islington Avenue

Rexdale-Kipling, Toronto

3,414 sqft

C$ 1,500,000

Property overview

A residence that redefines rexdale-kipling living

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*

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Financing

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C$
%

C$ 300,000

%
yrs

Estimated monthly payment

C$ 7,191

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Google reviews

4.9

124 reviews · Google

Marcus Heyns2 weeks ago

Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…

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Sophie Delacroix1 month ago

Calm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.

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Emmanuel Osei2 months ago

Sold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.

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