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Chatelaine Village · K1E 2H5
$2,850,000
MLS® #X13522854
About this property
Financing available!!!!!! This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential.
General information
Building and mechanicals
Parking and garage
Lot and land
Taxes
Mortgage estimate
Estimated monthly payment
$12,035
Down payment: $570,000 · Loan: $2,280,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: RE/MAX HALLMARK REALTY GROUP. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jul 6, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.