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.
Rare opportunity to acquire a well-maintained mixed-use landmark building featuring two commercial units and five recently renovated residential apartments, offering strong income potential and significant value-add improvements.The commercial component consists of a fully equipped restaurant with extensive equipment included and a beautifully renovated tea shop. The residential component includes five apartments, all of which have undergone renovations and upgrades. Over 10 parking spaces. Unit 201 features newer flooring, refrigerator, stove, washroom fixtures, and lighting, with repairs completed to doors, windows, and electrical systems. Unit 202 includes newer flooring, washroom, and lighting, along with repairs to walls, windows, and doors. Unit 203 has newer floor, newer washroom and door. Unit 204 has been completely renovated and now offers a highly desirable layout with two bedrooms, two washrooms, and two kitchens. Unit 205 has been renovated with newer flooring, washroom fixtures, and refrigerator, and has been reconfigured from a one-bedroom-plus-den layout to a functional two-bedroom unit. Extensive capital improvements have been completed throughout the property, including: newer roof, newer alarm system, newer main water shut-off gate, newer hot water tank serving the tea shop. Separate gas line installed for the residential units. Eaves repaired and upgraded. All windows and doors repaired and fully operational. Newer window screens installed throughout. Bathroom and kitchen faucets replaced and upgraded throughout. This is an outstanding opportunity for investors seeking a stable mixed-use asset with substantial recent capital improvements, attractive commercial tenants, and upgraded residential units. The property's extensive renovations significantly reduce future maintenance requirements while enhancing rental income potential.Ideal for investors, owner-operators, or those seeking a turnkey mixed-use property with strong long-term upside.
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What’s NearbyDistances approximate
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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$13,382/mo
Mortgage (principal + interest)$12,158
Property taxFrom listing: $14,689/yr$1,224
Minimum 20% ($650,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$650,000
Ontario land transfer taxProvincial brackets, no first-time refund$67,725
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$720,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Uxbridge 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.
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