1085 St Clair AVE W Active

Toronto W03,ON M6E 1A8

$ 3900000

- Bed

9 Baths

7918 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,918 sqft

Price per Sqft $492

MLS Listing ID W9268971

Annual Tax Amount $27,048

Tax Year 2023

Property Description

Prime Regal Heights Mixed-Use Investment on St. Clair Ave West. Solidly established longtime legacy franchise restaurant on main floor and 4 large 1100+ square foot 3 bedroom units, fully tenanted with well vetted quality tenants. Turnkey opportunity for investor: building was extensively renovated and upgraded by current owner during the course of over 16 years of ownership. Safety and fire is up to code, all units are separately metered, solid cap rate and peace of mind. Bustling neighborhood with tons of foot traffic, T.T.C. streetcar stop at the doorstep, and an incredible 97 point walk score "walker's paradise." Residential units have both front and rear of building access with small balconies for each units and spacious fire exits. Additional 2,649 square feet (mostly finished) in basement. All windows replaced in 2008, 25 year roof installed in 2009, commercial/retail area main floor and basement fully sprinklered.

Location

State ON

County Toronto

Zoning 471 - Commercial with Residential Units

Interior

Cooling Partial

Inclusions Residential Units: 4 stoves, 4 fridges, all elfs.

Exterior

Community Features Public Transit

Utilities Available Yes

Parking Type None

Others

Security Features Yes

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