Welcome to this remarkable store w apt/office located in the coveted neighborhood of Rexdale-Kipling. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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*
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This store w apt/office located at 2282 Islington Avenue, Toronto is currently for sale and has been available on SousaSells for 14 days. This property is listed at $1,500,000 with an estimated mortgage of $4,993* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2282 Islington Avenue, Toronto is in the Rexdale-Kipling neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rexdale-Kipling, Toronto.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 2282 Islington Avenue, Toronto, ON in Rexdale-Kipling, Toronto is $1,500,000.
This property features null bedrooms and null bathrooms.
2282 Islington Avenue, Toronto, ON is a Store W Apt/Office () featuring a basement.
Community features and nearby amenities include: Major Highway, Public Transit.
Security features include: No.
Heating is provided via standard central heat and cooling via No.
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Rexdale-Kipling, Toronto
93 assaults (824.7/100k)
24 B&E (212.8/100k)
46 thefts (407.9/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2282 Islington Avenue, Toronto, ON M9W 3W8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,500,000 in Toronto, the legal minimum down payment is $300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,475 also applies, bringing the total estimated land transfer taxes to $52,950.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Rexdale-Kipling, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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