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

Toronto W03 M6N 1J3 Ontario

MLS: W12523456

$945,000

Added 20 hours ago | For Sale

Listed by: SOLTANIAN REAL ESTATE INC.

About Property

Completely Renovated Building - Turnkey Investment OpportunityFull Building Renovation: Recently renovated from top to bottom with quality finishes andmodern upgrades throughout.European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleekcommercial-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 $60,000) allowingfor a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion.The entire Property has been fully Leased out. Commercial Retail Leased : 3,390$ per month Hst Included. Utilities such as water and Hydro to be paid by Tenant. 3 Year Fixed Term. Business is a Successful Vape store with Multiple Locations around GTA Annual Income: $3,390 x 12 months = $40,680 Residential Units All Units have been fully renovated. Total 3 Units have been fully Leased out with 1 Year lease agreement. 1 Bedroom Basement Apartment: 1,300$ per month x 12 months= $15,600 Studio Apartment: $1,350 per month x 12 months = $16,2002 Bedroom Apartment: $1,850 x 12 months = $22,200

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:W12523456

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