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Investment signal

$1,699,000

3391 MUSKOKA STREET

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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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
Community
Washago
Living area
3,200 square feet
Lot dimensions
66 x 165 FT
On market
Mar 20, 2026
Status changed
Apr 13, 2026
Annual tax
$5,315 (2025)
Zoning
c1
Photos
32
MLS#
S12904874
Area
SEVERN_(WASHAGO)

Features and systems

Cooling

Fully air conditioned
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.

Lifestyle nearby

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

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.

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