959 Albion Rd

Exceptional Mixed-Use Investment Property in Thriving Thistletown-Beaumond Heights: Commercial & Residential Spaces with Growth Potential

Introduction

Embrace the chance to own a remarkable investment property situated in the bustling area of Albion Rd/Islington Ave, within the vibrant Thistletown-Beaumond Heights neighborhood. This exceptional property offers a wealth of possibilities for investors, featuring a rare blend of commercial and residential spaces with long-term leasing options. Located in a thriving community with excellent schools, parks, recreation facilities, and public transit, this property is ideally positioned for both retail and residential tenants.

Property Overview

This uniquely designed investment property boasts a spacious 3-bedroom apartment on the second floor, featuring ample closet space and natural light from large windows. A separate entrance ensures privacy and convenience for residents, while not disrupting the commercial tenants on the first floor. The ground level houses a rare commercial rental unit, currently leased and primed for a thriving retail business.

Financial Overview

With current tenants in both retail and residential spaces, the property enjoys financial stability. A $40 monthly garbage fee and tenant-paid utilities allow for a hassle-free investment experience. The retail lease offers consistent revenue, while the residential apartment provides additional rental income.

Location & Neighborhood

Situated in the lively Thistletown-Beaumond Heights neighborhood, this property benefits from its strategic location at Albion Rd and Islington Ave. The area boasts a diverse mix of businesses, shops, restaurants, parks, and public transportation options.

Schools & Education

This property is located in a community with excellent assigned and local public schools, including Thistletown Collegiate Institute, Beaumonde Heights Junior Middle School, ÉÉ Félix-Leclerc, ÉS Jeunes sans frontières, and Melody Village Junior School.

Parks & Recreation

With 4 parks and numerous recreation facilities within a 20-minute walk, this property is perfect for those seeking an active lifestyle. Village Green Park, Thistletown Park & Community Centre, and Albion Gardens Park are all nearby, offering playgrounds, tennis courts, sports fields, trails, and more.

Transit

Public transit is easily accessible, with the nearest street transit stop just a 2-minute walk away and the nearest rail transit stop a 44-minute walk from the property.

Safety

Safety facilities are conveniently located near the property, including a police station, fire station, and William Osler Health System - Etobicoke General Hospital within 2.95km.

Potential & Future Growth

The thriving Thistletown-Beaumond Heights neighborhood offers numerous growth and development opportunities. As demand for commercial and residential spaces increases, this investment property presents a unique opportunity to capitalize on the area's potential. Separate entrances for apartment and commercial spaces provide flexibility for future configurations and uses.

Conclusion

In summary, this impressive investment property for sale in Thistletown-Beaumond Heights is a rare gem, offering a unique blend of commercial and residential spaces in a highly desirable location. With strong leasing options, a stable revenue stream, and potential for future growth, this property is an exceptional opportunity for investors. Don't miss the chance to capitalize on the vibrant neighborhood and bustling location at Albion Rd/Islington Ave – inquire today to secure your piece of the thriving Thistletown-Beaumond Heights community.

This report was prepared by.

Sami Chowdhury

Are you considering purchasing your dream home or looking to invest in a property? Or perhaps you're thinking of selling your current one? Allow me to guide you smoothly through the entire process, from start to finish, ensuring a hassle-free experience. I invite you to reach out for a complimentary, no-obligation consultation. Your journey to success begins with a single conversation!

Sami Chowdhury

Broker

RE/MAX Realtron Realty Inc., Brokerage

885 Progress Avenue, Suite 209, Toronto, Ontario, M1H 3G3

samichy@torontobase.com

Direct: (647) 725-0606

Office: (416) 289-3333

Fax:  (416) 289-4535

www.torontobase.com