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.
Great Location! Great Opportunity! Excellent mixed-use commercial and residential property in a prime location at the busy intersection of Kennedy Road & Sheppard Avenue East. Offering approximately 1000 Sq Ft of combined commercial and residential space, this property features: Ground Floor Commercial Unit with excellent exposure facing Kennedy Road, ideal for a wide variety of businesses, including retail, spa, beauty salon, professional office, and many other permitted commercial uses. The commercial unit is currently leased to an established tenant, providing excellent rental income and immediate cash flow. Second Floor Residential Unit featuring a bright and spacious one bed room layout with a four piece bathroom. Perfect for owner occupancy or as an additional rental property to generate extra income. Fantastic location with walking distance to TTC, Agincourt Mall, the public library, restaurants, shopping, and many everyday amenities.Conveniently close to Highway 401, the DVP, and nearby golf courses, offering excellent accessibility throughout the GTA. Newer Hot Water Tank 2024, Newer Washer & Dryer 2024, Newer Dish Washer 2025, Newer Plumbing and Roof 2025.Whether you are an investor looking for a solid income producing property or an owner seeking the flexibility of both commercial and residential use , this is an outstanding opportunity you won't want to miss!!
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Owners vs Renters
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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$2,067/mo
Mortgage (principal + interest)$1,792
Property taxFrom listing: $3,301/yr$275
Minimum $23,950 down for this price; the slider moves in whole percent, starting at 5%. 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$95,800
Ontario land transfer taxProvincial brackets, no first-time refund$6,055
Toronto land transfer taxMunicipal brackets, no first-time refund$6,055
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$110,710
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
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.
