691 The Queensway, Toronto (Stonegate-Queensway), Ontario

About 691 The Queensway

Turnkey Commercial Investment Opportunity in the Heart of Etobicoke! An exceptional opportunity to acquire a tenanted commercial unit in a boutique condominium building, ideally positioned with excellent exposure along The Queensway. Currently occupied by an established Nail & Beauty Spa with a long-term tenant and over 4 years remaining on the existing lease, plus a 5-year renewal option. Offering an attractive approximately 5% cap rate with built-in annual rent escalations of 4%, providing growing income year after year. The tenant pays TMI, including condo fees and property taxes, making this an excellent hands-off investment opportunity. One parking space included. Located along the rapidly evolving Queensway corridor, surrounded by residential developments, established neighbourhoods, businesses, transit and major amenities. An excellent opportunity for investors seeking immediate rental income, long-term stability and future growth potential in Toronto. Don't miss this rare investment opportunity! (id:6289)

More Info on this Stonegate-Queensway Retail MLS® listing

691 The Queensway is a retail listing for sale in Toronto (Stonegate-Queensway). The MLS® number is W13804388. It covers 1,161 square feet. It's currently listed for $1,099,900. For more details on MLS® W13804388, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Stonegate-Queensway is available now!

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