• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$729,000
Available - For Sale
Listing ID: E12558996
261 Michael Boulevard , Whitby, L1N 5B2, Durham


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: $8960.65
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Address: 261 Michael Boulevard , Whitby, L1N 5B2, Durham
Postal Code: L1N 5B2
Province/State: Durham
Directions/Cross Streets: Michael Blvd & Jermyn St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Category: Commercial Condo
Building Percentage: F
Total Area: 1800.00
Total Area Code:  Square Feet
Retail Area Code: %
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX METROPOLIS REALTY
Personal Picture
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
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:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years