Property can be tenanted on closing to hold with cashflow. Exceptional investment and redevelopment opportunity in the heart of Etobicoke, with potential for land assembly allowing for larger-scale future development. This strategically located property offers strong medium-density redevelopment potential, with preliminary indications supporting up to six storeys (buyer to verify). Over $300,000 has been invested in extensive recent renovations, providing an ideal turnkey asset for investors, end-users, or those seeking interim rental income while pursuing future development plans. The property features high 9-12 ft cathedral ceilings, a modernized kitchen, and three upgraded washrooms, combining functionality with quality finishes. Significant capital improvements include a new sewer line (2024), upgraded 200-amp electrical service, and copper plumbing throughout. The expansive newly paved driveway accommodates 10+ vehicles and is enhanced by a detached garage and secure gated access, offering excellent utility for commercial or mixed-use applications. Positioned in a highly accessible location near Kipling Station, Sherway Gardens, and major GTA highways, this property presents a rare opportunity to acquire a well-maintained asset with immediate usability and substantial long-term redevelopment potential.
| MLS® Number | W13113140 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 1,512 sq ft |
| Lot Size | 5,888 sq ft |
| Beds / Baths | 4 bed · 1 bath |
| City | Etobicoke (Islington / Rexdale) |
| Postal Code | M8Z 5G2 |
| Province | ON |
| Listed Date | May 11, 2026 |
| Days on Market | 21 |
| Price per Sq Ft | $992 |
| Brokerage | Royal Lepage Real Estate Associates |
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