1081 St Clair Avenue W, Toronto - $4,100,000 | Modern Solution

1081 St Clair Avenue W

1081 St Clair Avenue W, Toronto

1081 St Clair Avenue W in Toronto - 12 bedroom, 12 bathroom. Listed at $4,100,000.

RARE CORNER MIXED-USE INVESTMENT IN CORSO ITALIA. Solid brick 3-storey building, built in 1994, at St. Clair Ave West and Lauder Ave, steps from the 512 St. Clair streetcar. 16 rentable units: 3 street-front retail stores with high ceilings, 8 apartments, plus a permitted lower-level bachelor and 4 rooms. Approximately nd stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs7,405 sq ft above grade plus a 2,755 sq ft lower level, on a 3,034 sq ft corner lot with rear lane access. Apartments a low. 400-amp main service, monitored fire alarm panel and 16-camera security system. Strong income today with clear upside, on one of Toronto's busiest neighbourhood shopping streets. Financial package available to qualified buyers.

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Basement: Finished
  • Heating: Electric
  • Cooling: Wall Unit(s)
  • Parking: 2 spaces
  • Property Taxes: $25,994/yr
  • Neighbourhood: Corso Italia-Davenport
  • Postal Code: M6E 1A8

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