Toronto, ON
691 The Queensway
$1,099,900
Data last updated Oct 30, 2026, 1:40 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,099,900
- Type
- commercial retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 1,161 sq ft
- MLS®
- W13804388
- Status
- active
- Brokerage
- RE/MAX GOLD REALTY INC.
About this home
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!
Location
More details
- Days on market
- 43
- Style
- Commercial Condo
- Year built
- 0-5
- Parking
- 1 spaces · Underground
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Neighbourhood
- Stonegate-Queensway
- Major intersection
- The Queensway
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.