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.
Versatile mixed use property offering strong income potential and excellent flexibility, featuring two residential units, one commercial space and one storage unit. The owner pays hydro for all units except the commercial space, which contributes toward taxes, while all units benefit from separate hot water tanks installed in 2023 and 2024. One residential unit was completely redone in 2025 with new insulation and cosmetic updates and offers two bedrooms, one bathroom and in unit laundry, while the second residential unit was renovated within the last 15 years and also features two bedrooms, one bathroom and in unit laundry, with both units including additional storage areas. The basement is occupied by a storage tenant with a washroom. Major upgrades include a new tin roof with added insulation, a refreshed facade for improved curb appeal and the installation of multiple support beams providing additional structural reinforcement to the second floor. The commercial space was previously operated as a restaurant and remains fully set up for food service, offering excellent storefront exposure and a handicap accessible entrance ramp. This property is an ideal opportunity for investors seeking multiple income streams or entrepreneurs looking to bring their business to life while benefiting from residential rental support income.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
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Household Type
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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$2,008/mo
Mortgage (principal + interest)$1,235
Property taxFrom listing: $9,280/yr$773
Minimum $16,500 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$66,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,425
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$72,225
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hearst 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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