1 / 42
Investment signal

$3,400,000

238 QUEEN STREET S

Beds

Baths

Sqft

Year

About this home

Great Investment Opportunity for Good Income mixed use Fully Leased 3 Storey Property, Fully Leased, Busiest Spot In TheCenter of Famous Historical Village "Streetsville", immediate next to the Corner Property at Thomas & Queen. Main floor (Commercial tenant: INS Market Franchise) 2nd Floor (4x 1br), 3rd floor ( 3 units: 2x1br) & Basement (2x2br), Brochure with Rent roll available upon request. **EXTRAS** Measurements: 46.44 ft x 2.50 ft x 7.26 ft x 32.09 ft x 1.12 ft x 12.08 ft x 81.59ft x 12.08 ft x 46.88 ft x 85.72 ft x 31.40 ft as per GeoWarehouse, GOOD INCOME WITH GOOD CAP RATE (id:65958)

Subtype
Retail
MLS#
W13011294
Area
MISSISSAUGA_(STREETSVILLE)
Negative cash flow ~$6,425/mo at these assumptions

Cash on cash

-11.34%

Cap rate

3.62%

GRM

16.7

Break-even rent

$23,763

Financing

Down payment$680,000
Loan amount$2,720,000
Mortgage$16,687/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,558
Insurance$80
Maintenance$2,833
CapEx reserve$1,417
Vacancy loss$850

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 $16,687/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 17, 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.