Realestate

Property Details

1 of 3
$4,100,000
1081 St Clair Avenue, Toronto W03, ON M6E 1A8
8 + 4
13
MLS®W14034748
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Baseboard
Cooling
Wall Unit(s)
Lot Size
100 x 30.33 Feet
Approx Age
31-50
RARE CORNER MIXED-USE INVESTMENT IN CORSO ITALIA. Solid brick 3-storey building, built in 1994, at St. Clair Ave West and Lauder Ave, steps from the 512 St. Clair streetcar. 16 rentable units: 3 street-front retail stores with high ceilings, 8 apartments, plus a permitted lower-level bachelor and 4 rooms. Approximately nd stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs7,405 sq ft above grade plus a 2,755 sq ft lower level, on a 3,034 sq ft corner lot with rear lane access. Apartments a low. 400-amp main service, monitored fire alarm panel and 16-camera security system. Strong income today with clear upside, on one of Toronto's busiest neighbourhood shopping streets. Financial package available to qualified buyers.
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