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In-PersonVirtual Tour
$ 929,900
Est. payment | /mo
5 Baths
2,432 SqFt
$ 929,900
Est. payment | /mo
5 Baths
2,432 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $382
Subdivision East G
MLS Listing ID X14165508
Annual Tax Amount $4,200
Tax Year 2025
Lot Size 2,433 Sqft
Property Sub-Type Commercial Retail
Property Description
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 with an average gross income of $30,000-$35,000/month. 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 unit 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 don't come around twice!
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 27.07
Lot Depth 90.21
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by EXP REALTY
Nearby Locations
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Kimberlee Warburton
Administrative Assistant