The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This exceptional, absolutely priced-to-sell mixed-use property offers unparalleled income stability and versatility in a prime location. Backing onto Black River, a waterfront feature. The ground-floor commercial space is securely leased to a nationally recognized AAA tenant, providing long-term, reliable cash flow with minimal management. The fully renovated residential component features a spacious one-bedroom unit on the main level and a generous three-bedroom unit on the second floor, both occupied by excellent, long-standing tenants on market-rate leases. With 100% occupancy across all units, this turnkey investment delivers immediate, diversified revenue from both commercial and residential streams, while offering tremendous upside through its flexible zoning and strong tenant retention. Whether for an investor seeking hands-off cash flow or an owner-user looking for supplemental income, this property represents a rare opportunity in today's market.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,755/mo
Mortgage (principal + interest)$2,989
Property taxFrom listing: $9,196/yr$766
Minimum $54,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$159,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$175,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Georgina has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
