288 Boon Avenue, Toronto W03

$1,499,000
288 Boon Avenue

$1,499,000

New
25d
Commercial Retail

288 Boon Avenue, Toronto W03

Total Monthly Obligation $7,188

Beds
0
Baths
5
Park
3
DOM
25d
Property Type-Commercial Retail
MLS® Number-W13835282
Beds-0
Bathrooms-5
Lot Size-36.05 × 66.63 ft
Listed on site-Sep 28, 2026
Building Type-Commercial Retail
Age-51-99
Taxes-$9,200 (2025)
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-HOMELIFE SILVERCITY REALTY INC.
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Septic
Possession-TBA
Neighbourhood-Caledonia-Fairbank
Title-Commercial

No agent assigned

A mixed-use/live-work! hard to find detached, corner property at Rogers Road & Boon Ave. A great find for the discerning Investor. This Live/Work Opportunity has great rental income with established restaurant on the first floor for over 20 years. Restaurant Commercial unit facing Rogers Road, with separate storage unit. Separate entrance facing Boon Ave provides access to 2nd Floor tenants, with 1 bachelor Unit, and a 1 bdrm Apt., with walk-out sliding door to an open terrace overlooking the Toronto skyline. The finished basement has a separate entrance with two 1 bedroom self contained apartments.Other conveniences include separately metered units and entrances. Three private parking spots fronting Rogers Rd. Public transportation at the door, TTC, minutes to Eglinton LRT. Schools, shopping, restaurants and parks. Community Centres with pools nearby. Minutes to 401, 400, and Allen Expressway. Whether you're looking for an owner occupied with live/work and rental income, or a redevelopment opportunity, this property is a solid investment in the heart of the city. Tenants are month-to-month and are willing to stay, or vacant possession can be arranged.

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Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,188/mo
Mortgage $6,047
Monthly Loss $5,597
Principal$1,591
Interest$4,455
Property Tax$767
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 288 Boon Avenue

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