Property Description

Welcome to this exceptional three-storey mixed-use commercial and residential property located on high-traffic Derry Road. Offering outstanding exposure and endless potential, this unique property is ideal for investors, business owners, or those seeking a live-work opportunity. The upper residential space provides comfortable living, while the commercial component benefits from excellent visibility and consistent traffic. A spacious separate 2 finished basement units offer incredible rental potential, additional residential units, storage, or other income-generating possibilities (subject to approvals). Situated in a prime location close to major amenities, transit, and highways, this versatile property presents a rare opportunity to maximize both lifestyle and investment potential. Currently Commercial Unit is leased until April 30, 2032 and there is Lease renewal on April 30, 2027. There is no vacant possession until April 30, 2027 for the commercial unit. (id:7434)