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    For Sale - 1742 St Clair Avenue, Toronto, Ontario

    Est payment $4,684/mo
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    Time on Jump  39 day

    AI Summary *

    • Completely renovated building with modern finishes and upgrades throughout.
    • Energy-efficient aluminum windows and sleek storefront enhance curb appeal.
    • Zoning certificate included, allowing for multiplex expansion opportunities.
    • Fully leased commercial retail generates consistent rental income.
    • All residential units renovated and leased, providing stable cash flow.




    Completely renovated building - turnkey investment opportunityfull building renovation: recently renovated from top to bottom with quality finishes and modern upgrades throughout. European aluminum windows & storefront: brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior upgrades: new kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning certificate for multiplex: includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for chmc financing to support future constructionor expansion. The entire property has been fully leased out. Commercial retail leased : $3,390 per month hst included. Utilities such as water and hydro to be paid by tenant. 3 year fixed term. Business is a successful vape store with multiple locations around gta annual income: $3,390 x 12 months = $40,680 residential units all units have been fully renovated. Total 3 units have been fully leased out with 1 year lease agreement. 1 bedroom basement apartment: 1,300$ per month x 12 months= $15,600 studio apartment: $1,350 per month x 12 months = $16,200, 2 bedroom apartment: $1,850 x 12 months = $22
    Listing IDW12523456
    Address1742 St Clair Avenue
    CityToronto, Ontario
    Price$945,000
    Bath4 Full
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm Available

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    Listing Agency:  SOLTANIAN REAL ESTATE INC.
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    1742 St Clair Avenue
    Toronto , Ontario
    4 $945,000
    Get more info