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$729,000
Available - For Sale
Listing ID: E12558996
Excellent opportunity to own a commercial building with a long-standing convenience store tenant in a high-demand Whitby location. This income-producing property at 261 Michael Blvd #10 offers a stable tenant operating a convenience store with a lease in place until March 2027, currently paying $3,500 per month plus HST. The property is surrounded by strong community amenities, including several schools within a 2 km radius such as West Lynde Public School, St. Marguerite d'Youville Catholic School, Colonel J.E. Farewell Public School, Henry Street High School, and All Saints Catholic Secondary School. Located in a family-friendly neighborhood with parks, residential homes, transit, and major amenities nearby, this property provides excellent visibility, steady foot traffic, and reliable long-term investment potential.
Price $729,000
Taxes: $8,960.65
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 261 Michael Boulevard , Whitby, L1N 5B2, Durham
Postal Code: L1N 5B2
Province/State: Durham
Directions/Cross Streets: Michael Blvd & Jermyn St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Commercial Condo
Building Percentage: F
Total Area: 1,800
Total Area Code:  Square Feet
Retail Area Code: %
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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RE/MAX METROPOLIS REALTY

261 Michael Boulevard , Whitby, L1N 5B2, Durham

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Maria Tompson
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At a Glance:
Type: Com - Commercial Retail
Area: Durham
Municipality: Whitby
Neighbourhood: Lynde Creek
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $8,960.65
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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