Thistletown-Beaumonde Heights · W10 · M9V 1A6
$1,199,000
$629 / sq ft7 months on market
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Excellent opportunity to acquire a rare freehold mixed-use Store With Apartment/Office in a high-visibility Albion Rd & Islington Ave plaza location within Thistletown-Beaumonde Heights. This well-located property offers approximately 1,906 sq ft of total space, featuring a leased ground-floor retail unit and a tenanted upper residential apartment, providing stable income with long-term upside.The ground-floor retail unit is currently leased at $3,000 per month, with the tenant responsible for utilities, under a 5-year lease plus a 5-year renewal option, offering secure and predictable income. The property benefits from a strong history of long-term commercial occupancy, previously leased to WIND Mobile and later a barber shop for approximately 7 years, demonstrating suitability for a wide range of service-oriented and retail uses.The upper residential apartment consists of 2 bedrooms and 1 washroom, with a functional layout including living area, dining/family space, and an open balcony. The unit is currently tenanted, providing additional steady income.Property includes 1 garage parking space and 4 outdoor parking spaces, ideal for both commercial and residential use.Low monthly plaza maintenance fee of approximately $200 includes garbage collection, snow removal, hydro for the owner/garage portion, and minor maintenance. Tenants pay their own utilities.Located within a well-established plaza surrounded by diverse businesses including retail, professional offices, and restaurants, generating consistent foot traffic.A rare opportunity to secure a freehold, income-generating mixed-use asset with long-term lease stability and strong future value in a growing west Toronto corridor.
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This home is priced in line with comparable listings — about 36% of comparable retail listings in Toronto are asking less.
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,199,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.