2282 Islington Avenue
Etobicoke (Rexdale-Kipling), ON M9W 3W8
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $16,621Tax
- 39×173 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 2282 Islington Avenue, Etobicoke, Rexdale-Kipling
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-08-11 | 2026-09-29 | Login to See Prices | Sold Conditional | w13663208 |
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About 2282 Islington Avenue, Etobicoke, Rexdale-Kipling
Summarized Description
- Mixed-use property with commercial and residential units.
- Corner location with high visibility for tenants.
- Stable income from established nail salon lease.
- Two residential apartments offer rental flexibility.
- Prime location near shopping and amenities.
- Excellent access to public transport and highways.
- Gross annual rental income of $97,497.36.
- Three parking spaces available for tenants.
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*
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $16,621
- Land Transfer Tax Fee
- $52,950
Interior Features
- Security Features
- No
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Store W Apt/Office
Lot
- Lot Front
- 38.89 ft
- Lot Depth
- 173.00 ft
Parking & Garages
- Garage Type
- None
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Air Conditioning
- No
- Water
- Municipal
- Municipality
- Etobicoke
- Neighbourhood
- Rexdale-Kipling
- Main cross streets
- Islington/Rexdale
- Zoning
- Commercial CR2 (c2;r1.5*1142)
- Directions
- Just North of Highway 401
- MLS® number
- W13663208
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-29
- Listed on
- 2026-08-11
- Days on market
- 49 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX ROUGE RIVER REALTY LTD.
Home Market Value
Current home valuation for 2282 Islington Avenue, Etobicoke, Rexdale-Kipling, Etobicoke, ON. Listed for $1,500,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 2282 Islington Avenue, Etobicoke, Rexdale-Kipling
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Mortgage Payment Calculator
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$300,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,200,000 | $1,125,000 | $1,050,000 | $975,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,859monthly | $5,493monthly | $5,127monthly | $4,760monthly |
Land Transfer Tax
$26,475
$26,475
$52,950
Around this home
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