1 / 32
Investment signal

$1,699,000

3391 MUSKOKA STREET

Beds

Baths

Sqft

Year

About this home

Rare opportunity to own a convenience/grocery store in the heart of Severn/Washago! This unique offering includes a well-established grocery business along with a residential home, making it ideal for entrepreneurs, investors, or live/work buyers. The property provides excellent visibility and convenient access, with strong potential for future growth. The residential portion offers comfortable living accommodations, perfect for owner-occupancy or additional rental income. A versatile investment with multiple income streams in a growing area-don't miss out on this exceptional opportunity! (id:65958)

Subtype
Retail
MLS#
S12904874
Area
SEVERN_(WASHAGO)
Negative cash flow ~$3,246/mo at these assumptions

Cash on cash

-11.46%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,917

Financing

Down payment$339,800
Loan amount$1,359,200
Mortgage$8,339/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$779
Insurance$80
Maintenance$1,416
CapEx reserve$708
Vacancy loss$425

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $8,339/mo at 5.49% with 20% down, 25-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 13, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.