1085 St Clair Avenue For Sale

Toronto, Corso Italia-Davenport, M6E 1A8

$3,900,000

Description

Listed by RIZZO REAL ESTATE INC..

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.

5 Sep Hydro Meters, 2 sep HWT (Owned) inc new (2023) 200 gallon hwt for res units, 1 hwg boiler. Forced air A/C & Heat for comm space 2x 5 ton rooftop units. Heated make up air & exhaust for kitchen. Updated copper plumbing & abs drains.

Location

View Map
  • Address: 1085 St Clair Avenue
  • Neighborhood: Corso Italia-Davenport
  • City: Toronto
  • State: Ontario
  • Postal Code: M6E 1A8

Property Details

  • Property ID: W9268971
  • Property Price: $3,900,000
  • Style: Commercial/Retail, Multi-Use
  • Bath: 9
  • A/C: Part
  • Basement: Y
  • Heating: Water Radiators
  • Taxes: $27,048.89 (2023)
  • Lot: 100.00x42.66 (Feet)

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


Sign In / Register

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

842 College Street

Toronto, Palmerston-Little Italy, M6H 1A2

  • 5 Bath