12 Scarlett Rd - Storefront Retail/Residential FOR SALE


Toronto, ON M6N 4K1
$1,480,000 CAD
905-856-8111
12 Scarlett Rd, Toronto, ON for Sale
$1,480,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

12 Scarlett Rd
Toronto, ON M6N 4K1


OVERVIEW

Excellent mixed use investment opportunity with good street exposure and corner lot, carefree management, well maintained and efficient public transit access. The building is fully leased and newly renovated - turnkey investment. Property has 1 commercial store on the ground floor (leased to a tailor) and 3 apartments (1 BRM on ground floor, 3 BDR on second floor, 2 BDR in basement). Excellent access to Dundas Street, Jane Street, St. Clair Avenue West, and shopping areas. Gross rental income is approx. $93,840 per year. Realty taxes $5,497.07 (2023). Tenants pay for utilities - units have 3 separate hydro meters. The property has 5 parking spaces. Carefree and low maintenance mixed use commercial/residential investment property.

FOR SALE DETAILS

PRICE

$1,480,000 CAD

PRICE/SF

$774 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,246 SF

ZONING

CR

APN/PARCEL ID

191408318003800

ASK ABOUT THIS PROPERTY

Hussein SalehVanguard Realty Brokerage Corp.,More Info
905-856-8111

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Hussein SalehVanguard Realty Brokerage Corp.,More Info
905-856-8111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.