• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
  • Home
  • About
  • Properties
  • Calculator
    • Land Transfer Tax Calculator
    • Mortgage Loan Calculator
    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
    • Renewal Calculator
  • Contact
Sandeep Mehra
Realtor
  • Home
  • About
  • Properties
  • Calculator
    • Land Transfer Tax Calculator
    • Mortgage Loan Calculator
    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
    • Renewal Calculator
  • Contact

691 The Queensway, Toront...

Toronto, M8Y 3A6
  • - Bedrooms
  • - Garage
  • - Bathroom
Start From
$ 1,099,900
For Sale

Descripation

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!

Essential Information

  • Price: $1099900
  • For: Commercial
  • Property Types: Commercial Retail
  • Area: SQFT
  • Country: CA
  • City: Toronto W07
  • Garages:
  • Bedrooms:
  • Bathrooms:
  • Fronting On:
  • Listing ID: W13804388
  • Cross Street: The Queensway
  • Annual Property Tax: $ 0
  • Lot Size:
  • Listing Brokerage: RE/MAX GOLD REALTY INC.

Amenities

Recent Properties

Waterloo, N2K 4L7

750 Angler Way, Waterloo,...

$ 620,000
Toronto, M2K 3B9

8 Rean Drive 1505, Toront...

$ 528,000
Hamilton, L8E 0B7

28 Tidemore Heights, Hami...

$ 2,800
Halton, L9T 6V4

1219 Christie Circle, Mil...

$ 1,429,000
Toronto, M4W 0B1

1 Yorkville Avenue 1802, ...

$ 849,900
  • Home
  • Properties
  • About Us
  • Calculators
  • Contact

Get in Touch

Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

© Copyright 2026 All rights reserved – Design By Jquest Technologies