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

    Est payment $5,882/mo
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    Views   5
    Time on Jump  55 day

    AI Summary *

    • Great investment opportunity with a long-term restaurant lease in place.
    • Two separate 2-bedroom apartments for additional rental income.
    • Each apartment is spacious at 1,000 square feet.
    • Adequate parking available at the back for tenants and customers.
    • Recent renovations and a newer roof under warranty.




    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%, noi, $52,182, gross monthly rent, $5,689. Newer roof still under warranty, updated electrical, recent renovated residential unit.
    Listing IDE13113026
    Address2889 St Clair Avenue Unit# C
    CityToronto, Ontario
    Price$1,225,000
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeBasement 1Heating / Cooling Baseboard

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    Listing Agency:  RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2889 St Clair Avenue Unit# C
    Toronto , Ontario
    $1,225,000
    Get more info