2282 ISLINGTON AVENUE, Toronto (Rexdale-Kipling)

$1,500,000

For sale: Other

Other at 2282 ISLINGTON AVENUE, Toronto (Rexdale-Kipling)
Property type
Store W Apt/Office
MLS®
MLS® W13663208
Neighbourhood
Rexdale-Kipling

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*

Sold data

Other homes in Toronto (Rexdale-Kipling) — recent sold market

Other homes in Toronto (Rexdale-Kipling) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 91, across 34 recorded sales.

The median sale price was $59,500.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$59,500
Sale-to-list ratio
90.9%
Sold above asking
6%

Based on 34 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Rexdale-Kipling)

Toronto (Rexdale-Kipling) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Rexdale-Kipling)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2282 ISLINGTON AVENUE