About this property

Main floor and mezzanine income is $7506 plus utilities (water, waste management, gas and hydro)and HST. Original term ends on October 31,2026. Plus a 5 year option. It is leased to Liberty Grace Church. They are willing to stay and renew for another 5 years. They were looking to buy the property but unfortunately cannot come up with a down payment of 30%.Upper floor income was $5237 plus utilities (water, waste management, gas and hydro) and HST. Currently vacant and being painted, replacing windows and washroom.Tony has not leased the upper unit in case a potential buyer needs the space.Potential income from renting north wall for advertising according to Grassroots Advertising: $36,000 per year as per their offer to lease. Again Tony is holding off leasing as he prefers to sell the property.Seller pays property tax; $29,507.47(2025). The main floor is leased to a church and may qualify for a property tax exemption although the current owner has not applied for it.Seller pays property insurance $6,025.32.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C13248374
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,328 sq ft
Beds / Baths	0 bed · 4 bath
Neighbourhood	Niagara
City	Downtown Toronto / Waterfront
Postal Code	M6K 3E7
Province	ON
Listed Date	June 5, 2026
Days on Market	62
Price per Sq Ft	$751
Brokerage	RE/MAX WEST REALTY INC.