1742 St Clair Avenue W, Toronto W03, ON M6N 1J3

Toronto W03 M6N 1J3 Ontario

MLS: W12358018

$1,080,000

Added 19 days ago | For Sale

Listed by: SOLTANIAN REAL ESTATE INC.

About Property

CAP RATE 7.3% - Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes and modern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for CHMC financing to support future construction or expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.)The Entire Property has been fully Leased out to great Tenants.Total Gross $94,680The Financials are attached for your review.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 15.32 X 103
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:St.Clair Ave.W./Silverthorn Ave
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $11591.87
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12358018

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