Description
Welcome to 618 Browns Line, a versatile investment opportunity in Toronto's vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you're an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you're looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don't miss this unique opportunity to own a mixed-use property in a sought-after Toronto location!
Features
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Category:
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Total Area: 3,051 sqft
- Retail Area: 349 sqft
- Parking Types: Other
Details
- Zoning: Commercial/Residential
- Tax: $ 7,410
- W11973736
- Listing contracted with: RE/MAX HALLMARK REALTY LTD.