Main floor and mezzanine income is $7506 plus utilities (water, waste management, gas and hydro)and HST. Original term ends on October 31,2026. Plus a 5 year option. It is leased to Liberty Grace Church. They are willing to stay and renew for another 5 years. They were looking to buy the property but unfortunately cannot come up with a down payment of 30%.Upper floor income was $5237 plus utilities (water, waste management, gas and hydro) and HST. Currently vacant and being painted, replacing windows and washroom.Tony has not leased the upper unit in case a potential buyer needs the space.Potential income from renting north wall for advertising according to Grassroots Advertising: $36,000 per year as per their offer to lease. Again Tony is holding off leasing as he prefers to sell the property.Seller pays property tax; $29,507.47(2025). The main floor is leased to a church and may qualify for a property tax exemption although the current owner has not applied for it.Seller pays property insurance $6,025.32.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
4328 sq. ft. Square Feet
Total Area:
4,328 sq. ft.402 m2
Retail Area:
0 sq. ft. Sq Ft
Industrial Area:
3730 sq. ft. Sq Ft
Office/Apt Area:
598 sq. ft. Sq Ft
Lot Depth:
103'11"31.7 m
Lot Frontage:
27'5⅞"8.38 m
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
Commercial/ Retail/ Industrial
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$29,024 /
2025
Assessment:
$- /
2025
Toronto
Toronto C01
Niagara
No
No
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Institutional
Date Listed:
Jun 05, 2026
Original Price:
$3,250,000
Listed by RE/MAX WEST REALTY INC.
Data was last updated June 25, 2026 at 04:15 AM (UTC)
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