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106-108 KING STREET, Toronto (Weston) — listed at $1,888,888. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent Investment Opportunity in a highly desirable and convenient location! This attractive corner-lot property features two commercial units and one residential unit, providing a diversified income stream from both commercial and residential tenants. The property is currently fully occupied, with established tenants in place. The first commercial unit is occupied by an appliance store, while the second commercial unit is home to a yoga studio. The residential unit is also occupied by a residential tenant, providing an additional source of rental income. The property offers excellent exposure and accessibility, with convenient access to Highways 401 and 404, as well as the Weston GO Station, parks, public transit, shopping, restaurants, and other amenities. The corner-lot configuration provides additional flexibility and potential appeal for investors and future owners. The combination of commercial and residential income, established tenancy, strategic location, and potential for future growth or expansion makes this an attractive opportunity for investors seeking a property with multiple income sources and long-term potential. A rare opportunity to acquire a versatile income-producing property in a well-connected location with strong potential for future value appreciation. (id:60164)
Is 106-108 KING STREET a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,888,888, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $12,000, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 3 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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