For Sale - 2889 St Clair Avenue Unit# C, Toronto, Ontario

Est payment $6,699/mo
Views   2
Time on Jump  4 day
  • Great investment with a restaurant on the main floor and two apartments above.
  • Established restaurant lease renewed for five years, steady income source.
  • Each apartment is spacious at 1,000 square feet with separate entrances.
  • Parking available at the back, accommodating four vehicles.
  • Strong financials with a 4% CAP rate and solid NOI of $52,182.



Excellent investment property. Main floor used as a restaurant, 1,000 square feet and two 2 bedroom apartments upstairs, each at 1,000 square feet with separate entrances. Established main floor restaurant on lease since 2016 and recently renewed a 5 year lease. 4 parking at the back. Cap rate, 4% and noi, $52,182. Restaurant lease at $2,300 per month, apartment a at $1,870 per month and apartment b at $1,336 per month. Call la to request leases.
Listing IDE13113026
Address2889 St Clair Avenue Unit# C
CityToronto, Ontario
Price$1,395,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailBasement 1Heating / Cooling Baseboard
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Listing Agency:  RIGHT AT HOME REALTY

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2889 St Clair Avenue Unit# C
Toronto , Ontario
$1,395,000
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