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SaleInvestment

781 St. Clair Avenue W

Toronto C02, ON M6C 1B7

Price

$8,499,000

Building Size

10,384 sq ft

MLS# C13517600 | Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Business Details

Business Type

Apts - Over 20 Units

Property Use

Apartment

Commercial Space & Financials

Taxes (Annual)

$40,697

Industrial Specifications

Lot Size

47.79' × 117.27'

Structure

Freestanding

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.

Price & Status History

Price history is locked

Location

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781 St. Clair Avenue W, Toronto C02 M6C 1B7

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Listing Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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