english style home featuring brick siding, a shingled roof, and a front yard Features: lawn, gas meter More Photos

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    For Sale - 179 St Clair Avenue, Toronto, Ontario

    Est payment $16,854/mo
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    Time on Jump  6 day

    AI Summary *

    • Prime investment property in Moore Park with a strong 5.86% cap rate.
    • Eight updated suites with new appliances and laundry for tenant convenience.
    • Spacious above grade suites featuring fireplaces and modern renovations.
    • Detached garage offering parking for up to 10 vehicles, a rare find.
    • Great location near transit, shops, schools, and parks with high rental demand.




    Exceptional investment opportunity in the heart of moore park, steps to yonge & st. Clair. This purpose-built multi-residential property offers a true 5. 86% cap rate at full occupancy. Featuring 8 suites, with 2 vacant units ready for new tenants, and one gutted suite primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites. Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless ac units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles. Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered. Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased. A rare, turnkey opportunity in one of toronto's most desirable neighbourhoods.
    Listing IDC12613998
    Address179 St Clair Avenue
    CityToronto, Ontario
    Price$3,400,000
    Bed / Bath16 / 12 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Heating ControlsOutdoor Features PorchOwnership FreeholdAppliances Fire EscapeBasement ApartmentFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 10.00
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    Listing Agency:  ROYAL LEPAGE YOUR COMMUNITY REALTY
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    179 St Clair Avenue
    Toronto , Ontario
    16 12 $3,400,000
    Get more info