386 TRANQUILLE ROAD
Interior REALTORS® · V2B3G7
$1,598,888
About this residence
Excellent redevelopment opportunity along the highly visible Tranquille corridor. This centrally located mixed-use property is fully tenanted and consists of two street-front commercial units with three residential units above, offering immediate holding income. The building provides approximately 4,780 sq. ft. of gross leasable area (approximately 5,000 sq. ft. total) and sits on an 11,819 sq. ft. parcel with access from both Tranquille Road and Hilltop Avenue. Zoned CNS, the property allows for a wide range of future redevelopment options including mixed-use commercial/residential, hotel, office, and retail uses. Current commercial leases in place providing flexibility for future planning. Municipal tax incentives are available for qualifying redevelopment projects. Located in an area undergoing significant revitalization, this property presents a rare opportunity to secure a strategic asset on the North Shore with strong long-term upside. Ideal for investors or developers seeking income today with redevelopment potential tomorrow. (id:61366)
Property details
- Property type
- Other
- Style
- Other
- Ownership
- Freehold
- Living area
- 4,780 sq ft
- Lot size
- 0.27
- Parking
- 14 spaces
- Annual tax
- $12,904
- MLS®
- 10372620
- Board
- Interior REALTORS®
- Status
- Inactive
- Listed
- Jan 14, 2026
- Updated
- Apr 24, 2026
Features & finishes
Parking
- Rear
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$7,478/mo
Loan amount
$1,279,110
Down payment
$319,778
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
About the area
Census · V2B- 41,642
- Population
- 43
- Median age
- $79,000
- Median income
- $500,000
- Median home value
- 69%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 386 TRANQUILLE ROAD?
386 TRANQUILLE ROAD is listed for $1,598,888, in Interior REALTORS®.
What type of home is 386 TRANQUILLE ROAD?
386 TRANQUILLE ROAD is a Other, Other.
How large is 386 TRANQUILLE ROAD?
The home offers approximately 4,780 sq ft of living space on a lot measuring 0.27.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,478. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $12,904 per year.
Is there parking?
Yes — 386 TRANQUILLE ROAD includes 14 parking spaces.
What is the Interior REALTORS® area like?
Interior REALTORS® has a population of about 41,642, a median age of 43, a 69% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Interior REALTORS®?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Interior REALTORS®?
The median household income in this area is approximately $79,000.
Similar residences
Comparable Other near Interior REALTORS® at a similar price.
Private viewings
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