261 Michael Boulevard 10, Whitby, ON L1N 5B2
$699,000
$699,000
MLS®#:
E12970338
Property Type:
Commercial Retail
Property Style:
Area:
Durham
Community:
Lynde Creek
Taxes:
$8,961 / 2025
Added:
April 08 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
RE/MAX METROPOLIS REALTY
Intersection:
Michael Blvd & Jermyn St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

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.

Insights

  1. Stable Income Stream: The property has a long-term tenant operating a convenience store, generating a reliable income of $3,500 per month plus HST, with a lease in place until March 2027.
  2. Prime Location: Situated in a high-demand area of Whitby, the property benefits from excellent visibility and steady foot traffic, surrounded by essential community amenities and schools within a 2 km radius.
  3. Long-Term Investment Potential: Located in a family-friendly neighborhood with parks and residential homes, this property offers strong potential for appreciation and growth in value over time.

Neighborhood Overview

Complete neighborhood profile for 261 Michael Boulevard 10

Lynde Creek home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Lynde Creek
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)