For Sale - 781 St. Clair Avenue, Toronto, Ontario

Est payment $40,811/mo
Views   1
Time on Jump  1 days
  • Substantially renovated apartment building with 20 residential and 2 commercial units.
  • Recent upgrades include new mechanicals reducing utility costs significantly.
  • Third floor addition completed in 2021 with modern features and air conditioning.
  • 95% of residential units have been renovated for better tenant appeal.
  • Prime location near St. Clair West TTC Station for excellent accessibility.



Located in the heart of st. Clair west, this is an exceptional opportunity for investors to buy a substantially renovated apartment building featuring 20 residential units and 2 ground floor commercial units. Over $2. 7m in capital expenditures have been completed recently with new building mechanicals offering large reductions in utility expenses. A third floor addition with 4 units was completed in 2021with 10' ceilings and air conditioning. 95% of units have been renovated. Ground floor commercial tenants are on triple net leases with annual escalations providing easy management and additional income. The property is in close proximity to the st. Clair west ttc station offering exceptional connectivity and tenant appeal.
Listing IDC13517600
Address781 St. Clair Avenue
CityToronto, Ontario
Price$8,499,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
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Listing Agency:  AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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781 St. Clair Avenue
Toronto , Ontario
$8,499,000
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