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Investment signal

$199,900

#5 - 2501 STEELES AVENUE W

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Beds

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Baths

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Sqft

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Year

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Type

Business

Suite

Investment signal

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Location nearby

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

About this home

established furniture & distribution business, prime location, about 20 years in business, selling -beds, decks, dressers & more, quality wood product, importer direct from supplier, sales in canada & usa, this turnkey operation offer a solid market share, the sale include all trademarks, websites & business assets, owner retiring &will provide training, dont miss this rare investment opportunity, inventory at discount price. (id:65958)

Subtype: Business
Community: York University Heights
Living area: 10,475 square feet
On market: Feb 12, 2026
Status changed: Apr 21, 2026
Annual tax: $0
Zoning: commercial-retail
Photos: 26
MLS#: W12783682
Area: TORONTO_(YORK_UNIVERSITY_HEIGHTS)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Positive cash flow ~$1,048/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

31.46%

Cap rate

11.16%

GRM

6.9

Break-even rent

$1,297

Financing

Down payment$39,980

Loan amount$159,920

Mortgage$810/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$92

Insurance$80

Maintenance$167

CapEx reserve$83

Vacancy loss$120

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 $810/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 21, 2026.