1248 St Clair Ave W - Storefront Retail/Residential FOR SALE


Toronto, ON M6E 1B7
$2,399,000 CAD
416-849-5360
1248 St Clair Ave W, Toronto, ON for Sale
$2,399,000 CAD
Storefront Retail/Residential - FOR SALE
1/8
null | 4.54% Cap Rate

1248 St Clair Ave W
Toronto, ON M6E 1B7


HIGHLIGHTS

  • Great Curb Appeal with a Recent Face Lift
  • Both first floor & basement built out to the property line
  • Vibrant Stretch of St Clair Ave W & Via Italia

OVERVIEW

Solid turn-key investment - a well-maintained and fully leased two-storey mixed-use building on bustling St Clair Ave West. Both first floor & basement have high ceilings and are built out to the property line, maximizing rentable square footage. Located on the north sunny side of the street, the building boasts great curb appeal thanks to a recent façade facelift. The second floor includes a three-bedroom apartment, while the main floor is occupied by a popular restaurant commercial tenant, both paying close to market rents. The main floor offers a wide-open commercial space spanning approximately 2,000 SF. Situated on a vibrant stretch of St. Clair Avenue West with many recent and upcoming developments in the pipeline. The building is conveniently located on the 512 TTC streetcar line and there is a covered Green P parking lot across the street. Please see below link for further information and pictures: https://sites.genesisvue.com/1248stclairavew

FOR SALE DETAILS

PRICE

$2,399,000 CAD

PRICE/SF

$772 CAD /SF

CAP RATE

4.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CR

APN/PARCEL ID

190403361006800

ASK ABOUT THIS PROPERTY

Dana RadojevicCentury 21 Regal RealtyMore Info
416-849-5360

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Dana RadojevicCentury 21 Regal RealtyMore Info
416-849-5360

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