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$1,500,000

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*

W13663208 MLS

2282 Islington Avenue, Toronto

$988,868

A fully renovated, turn-key bungalow with premium upgrades throughout. Welcome to 7 Watercliffe Road. Steeped in modern elegance, this immaculate property has been completely renovated from top to bottom. The sun-drenched main floor shows off gorgeous hardwood flooring throughout the living areas and in the three spacious bedrooms. Prepare culinary delights in the updated, bright, main-floor kitchen, which comes fully equipped with stainless steel appliances. A separate side entrance leads to a professionally finished basement designed with safety, versatility, and comfort in mind (5/8" fire-code drywall on the basement ceiling paired with firestop insulation and egress windows). This lower level serves as an incredible extended living space or an in-law suite, featuring a massive recreation room, a brand-new modern kitchen with its own set of stainless steel appliances, a pristine new washroom, and a versatile bedroom/flex space. Sit back and relax in your private, beautifully landscaped backyard, featuring both a deck and a patio area perfect for entertaining. The exterior is completed by a single-car garage and an expansive driveway that easily accommodates up to 3 vehicles. No detail was overlooked during this professional renovation (brand-new Roof installed October 2026) Don't miss this rare opportunity to own a meticulously updated, move-in-ready home!

5 Beds ⋅ 2 Baths ⋅ W13872524 MLS

7 Watercliffe Road, Toronto

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