Descripation

THE ULTIMATE TROPHY ASSET - UNMATCHED average 8.6%-8.9% CAP RATE! A completely re-engineered, top-to-bottom luxury turn-key mixed-use property with over $500K in high-end 2025 renovations. Located at the high-exposure corner of Quebec St & Mornington Ave, there is simply no second property on the market that matches this level of cash flow and pristine finish. Total gross current income generates a massive $9,000/MONTH ($108,000/YEAR)! MAIN FLOOR COMMERCIAL (70 Sq. Meters + 1 Washroom): Features a luxurious, custom-built Nail Spa outfitted with 4 premium manicure stations and 4 pedicure chairs, designed with a crisp, modern white aesthetic-100% turnkey, ready for immediate operation, and ALL INCLUDED IN THE SALE! UPPER RESIDENTIAL UNIT: Expansive and bright layout featuring 2 Bedrooms, 2 Full Washrooms, a versatile family room with cozy fireplace, and modern finished kitchen. LOWER RESIDENTIAL UNIT: Professionally finished (2025) separate-entrance basement suite featuring 3 Bedrooms, 2 Full Washrooms, and a custom kitchen. MECHANICALS & PERMITS: 100% peace of mind with 3 separate hydro/gas meters, 3 independent hot water tanks, upgraded plumbing/electrical, and city permits (2025). WHY THIS IS A ONCE-IN-A-LIFETIME BUY: Perfect for savvy investors wanting secure, high-yield passive income, or business owners looking to operate downstairs while upper and lower tenants effortlessly offset your mortgage. Do not miss out - opportunities like this vanish instantly!