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$14,999,000
Est. payment /mo
38,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 38,000 sqft
Price per Sqft $394
Municipality Toronto W10
Subdivision West Humber-Clairville
MLS Listing ID W14121310
Annual Tax Amount $122,672
Tax Year 2025
Property Sub-Type Investment
Property Description
**Excellent Investment Opportunity - 557 Dixon Road, Etobicoke** Opportunity to acquire an income-producing, multi-tenant commercial plaza offering approximately 37,180 sq. ft. of rentable area and 97% leased occupancy. Strategically located along the highly visible Dixon Road corridor, the property benefits from convenient access to Highway 401, major arterial roads, public transit and the Toronto Pearson Airport employment district, providing excellent regional connectivity throughout Toronto and the western GTA. The plaza features a diverse tenant mix spanning restaurants, food production, office, healthcare, personal services, showroom and retail uses, including established tenants such as St. Louis Bar & Grill, Sumaq, Canadian Red Cross and District Lodge #78. Additional income is generated through highway pylon signage. With only one remaining vacancy of approximately 1,112 sq. ft. and leases extending through 2031, this property offers a strong existing income base with further upside through lease-up of the available space.
Location
Province ON
County Toronto
Community Toronto W10
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 426.43
Lot Depth 237.73
Others
Security Features Yes
ParcelsYN No
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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