691 The Queensway

About this Property

Turnkey Commercial Investment Opportunity in the Heart of Etobicoke! An exceptional opportunity to acquire a tenanted commercial unit in a boutique condominium building, ideally positioned with excellent exposure along The Queensway. Currently occupied by an established Nail & Beauty Spa with a long-term tenant and over 4 years remaining on the existing lease, plus a 5-year renewal option. Offering an attractive approximately 5% cap rate with built-in annual rent escalations of 4%, providing growing income year after year. The tenant pays TMI, including condo fees and property taxes, making this an excellent hands-off investment opportunity. One parking space included. Located along the rapidly evolving Queensway corridor, surrounded by residential developments, established neighbourhoods, businesses, transit and major amenities. An excellent opportunity for investors seeking immediate rental income, long-term stability and future growth potential in Toronto. Don't miss this rare investment opportunity!

Listing Details

MLS #

W13804388

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Commercial Condo

Year Built

0-5

Garage

Underground

Parking Spaces

1

Basement

N

Heating

Elec Forced Air

Cooling

Y

Listed By

REMAX GOLD REALTY INC.

Listed On

September 18, 2026