EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-DEMAND RENTAL
CORRIDOR! STRONG INCOME POTENTIAL WITH PROJECTED GROSS ANNUAL INCOME OF
APPROXIMATELY $64,800 ACROSS 4 UNITS. SITUATED ON THE CORNER OF UNIVERSITY
AVE. W. AND MCEWAN AVE. THIS MOSTLY BRICK TWO-STOREY BUILDING WITH FULL
BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, NEWER
ROAD/SIDEWALK, STRONG RENTAL DEMAND, AND CONVENIENT ACCESS TO PUBLIC
TRANSIT.
THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL
OFFICE OR RETAIL USE— ONE CURRENTLY TENANTED AND THE OTHER OWNER
OCCUPIED — SECOND FLOOR CONSISTS OF TWO SELF-CONTAINED 2-BEDROOM
RESIDENTIAL UNITS, BOTH FULLY OCCUPIED BELOW-MARKET RENTS, PRESENTING
FUTURE UPSIDE POTENTIAL.
PROPERTY FEATURES INCLUDE A LARGE ASPHALT SURFACE LOT TO ACCOMMODATE 12
PARKING SPACES, 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND
CENTRAL AIR FOR THE MAIN FLOOR, HOT WATER TANK OWNED.
THIS IS AN EXCELLENT OPPORTUNITY TO ADD A VERSATILE INCOME-PRODUCING
PROPERTY TO YOUR PORTFOLIO.