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$ 8,499,000
Est. payment | /mo
10,384 SqFt
$ 8,499,000
Est. payment | /mo
10,384 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,384 sqft
Price per Sqft $818
Municipality Toronto C02
Subdivision Wychwood
MLS Listing ID C13517600
Annual Tax Amount $40,697
Tax Year 2026
Property Sub-Type Investment
Lot Depth 117.27
Lot Front 47.79
Property Description
Located in the heart of St. Clair West, this is an exceptional opportunity for investors to buy a substantially renovated apartment building featuring 20 residential units and 2 ground floor commercial units. Over $2.7M in capital expenditures have been completed recently with new building mechanicals offering large reductions in utility expenses. A third floor addition with 4 units was completed in 2021with 10' ceilings and air conditioning. 95% of units have been renovated. Ground floor commercial tenants are on triple net leases with annual escalations providing easy management and additional income. The Property is in close proximity to the St. Clair West TTC Station offering exceptional connectivity to downtown Toronto and tenant appeal.
Location
Province ON
County Toronto
Community Toronto C02
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 47.79
Lot Depth 117.27
Building
Building Age 51-99
Others
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
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