2282 Islington Avenue

Toronto W10, ON

3,414 sqft
Store W Apt/Office

$1,500,000

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*

Listing Details

Taxes (2026): $16,621
Listed: August 11, 2026

Price History

Property

Lot Size: 38.89 x 173 Feet

Parking

Garage: None

Location & Legal

Cross Street: Islington/Rexdale
Zoning: Commercial CR2 (c2;r1.5*1142)
Parcel Number: 073350079
Possession: Flexible
Occupancy: Tenant

Commercial

Office / Apartment Area: 1614 Sq Ft

Community

Postal area M9W

Population: 40,977
Private dwellings: 14,820
Median age: 38.8
Average household size: 2.9
Median household income: $85,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W10 · last 12 months

Median sold price: $800,000
Homes sold: 407
Median days on market: 27
Sale-to-list price: 97.7%

Based on 407 recorded sales of commercial properties in Toronto W10 over the last 12 months.

Listed by

RE/MAX ROUGE RIVER REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 3,414 sq ft
Price per sq ft: $439.37
Annual property tax: $16,621
Tax per sq ft: $4.87

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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