1
$1,200,000
22A Rexdale Boulevard, Toronto, ON M9W 5Z3
Rexdale-Kipling · W10
1,200 sf
2 months on marketMLS® W13692444
Listing courtesy of AAA REALTY INC.
1 / 56
For saleMLS® W13663208
2282 Islington Avenue, Toronto, ON M9W 3W8
Rexdale-Kipling · W10 · M9W 3W8
$1,500,000
$439 / sq ft2 months on market
- Total area
- 3,414 sf
- Lot
- 38.89 × 173 ft
About this property
MIXED-USE INVESTMENT OPPORTUNITY. Corner location at Islington Ave. & Rexdale Blvd. Building area approximately 3,414 sq. ft. (MPAC): ground-floor commercial 1,800 sq. ft., two separate 2-bedroom residential apartments 1,614 sq. ft. combined. CR zoning permits variety of commercial and residential uses. INCOME: Ground-floor commercial unit leased to established nail salon: $4,424.78/month + HST. Tenant responsible for utilities except 50% water. Commercial lease expires September 30, 2027. Two residential apartments on month-to-month basis at $1,850/month each; tenants pay hydro. Gross annual rental income (before HST): $97,497.36 (commercial $53,097.36 + residential $44,400). LOCATION: Prime Rexdale corridor near SmartCentres, shopping, restaurants, and amenities. Excellent TTC access and convenient Highway 401 connectivity. Three rear parking spaces. PROPERTY FEATURES: Ground-floor retail separate from residential access. Corner visibility for commercial tenant. LEASE STRUCTURE: Commercial lease in place until September 30, 2027, providing stable income. Month-to-month residential tenancies offer future flexibility. Flexible possession available. *Do not attend property without a booking made/confirmed by a Realtor*
Property details
Property
- Property type
- retail
- Interior size
- 3,414 sq ft
- Lot size
- 38.89 × 173 ft
- Zoning
- Commercial CR2 (c2;r1.5*1142)
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- No
Costs
- List price
- $1,500,000
- Property taxes
- $16,621 / year (2026)
- Price per sq ft
- $439
Listing
- MLS® number
- W13663208
- Status
- For sale
- Listed
- August 11, 2026
- Days on market
- 85
- Last updated
- October 31, 2026
- Listing brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 54% of comparable retail listings in Toronto are asking less.
$379KMedian $1.40M$3.90M
- This home
- $439 / sq ft
- Comparable median
- $665 / sq ft
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $300,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $6,635.01
- Property tax (est.)
- $1,385.08
- Estimated monthly
- $8,020
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $26,475
- Toronto municipal
- $26,475
- Total due on closing
- $52,950
An estimate on the asking price of $1,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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Similar properties nearby
1
$1,200,000
22 Rexdale Boulevard 26, Toronto, ON M9W 5Z3
Rexdale-Kipling · W10
1,200 sf
2 months on marketMLS® W13692364
Listing courtesy of AAA REALTY INC.
1
$1,200,000
24 Rexdale Boulevard 24, Toronto, ON M9W 5Z3
Rexdale-Kipling · W10
1,200 sf
2 months on marketMLS® W13690034
Listing courtesy of AAA REALTY INC.