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Investment signal

$1,799,000

154 WILLIAM STREET

Save this home

Beds

6

Baths

8 full + 2 half

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tay (Victoria Harbour). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A STRATEGIC MIXED-USE ACQUISITION IN THE HEART OF VICTORIA HARBOUR! The smartest business decision you can make is owning the building your future runs from, and this 10,300+ sq ft mixed-use landmark in the centre of Victoria Harbour delivers exactly that, pairing a high-exposure commercial presence with five self-contained residential units that create layered income potential under one roof. Positioned in the centre of Victoria Harbour, the property benefits from steady vehicle and foot traffic, with Georgian Bay and the waterfront close by, while marinas, trails, parks, and local amenities sit nearby, strengthening the appeal for both customers and tenants. The nearly 2,900 sq ft street-level commercial space features soaring 13 ft ceilings, rustic wood character, two washrooms, and an open layout that adapts to a wide range of permitted uses, including restaurant, tavern, retail store, business or professional office, clinic, craft shop, or personal service shop. Upstairs, the bright four-bedroom unit functions like a full private residence with a spacious kitchen centred around a large island, open living and dining areas, warm wood flooring, large windows, and two full baths, offering a standout owner's suite or a premium rental option, while two main-level one-bedroom units and two lower-level bachelor units add additional tenancy options and the flexibility to structure tenancies around your business goals. With C1 zoning supporting an array of commercial possibilities, this is the kind of property that lets you build your brand out front while the rest of the building works in the background. Buy the building, run the brand, and let the rest of the space support the vision with serious cash flow potential. (id:65958)

Subtype
Multi-family
Structure
Other
Community
Victoria Harbour
Lot dimensions
109.3 x 131.2 FT
Bedrooms
6 above grade
Parking
14 total
Stories
2
On market
Jan 9, 2026
Status changed
Apr 28, 2026
Annual tax
$4,902.97
Zoning
C1
Photos
27
MLS#
S12680870
Area
TAY_(VICTORIA_HARBOUR)

Features and systems

Parking

No Garage

Basement

Partially finishedPartial

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

WoodVinyl siding

Foundation

Stone

Utilities

SewerElectricity
Negative cash flow ~$1,896/mo at these assumptions

Cash on cash

-6.32%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,995

Financing

Down payment$359,800
Loan amount$1,439,200
Mortgage$7,292/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825
Insurance$80
Maintenance$1,499
CapEx reserve$750
Vacancy loss$450

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,292/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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