1742 St Clair Avenue, Toronto, ON M6N 1J3

Toronto W03 M6N 1J3 Ontario

MLS: W12189360

$1,140,000

Added 1 day ago | For Sale

Listed by: SOLTANIAN REAL ESTATE INC.

About Property

Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes andmodern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowingfor a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.) ideal for retail or officeuse. Residential Units: 2-Bedroom Apartment on the 2nd floor1-Bedroom Apartment Bachelor Unit Basement Storage: Additional storage space available at the rear of the building. Access & Infrastructure: Newly paved laneway behind the property for convenient access anddeliveries. Monthly Rental Income Commercial Unit (Storefront): $3,000/month1st Floor Rear Apartment (1-Bed): $1,600/month 1st Floor Middle Apartment (Bachelor): $1,320/month 2nd Floor Apartment (2-Bed Estimated): $1,950/month ?? Total Monthly Income: $7,870 ?? Annual Gross Income: $94,440

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 15.32 X 103
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:St.Clair Ave.W./Silverthorn Av
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $9731.26
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12189360

About Agent
Harpreet Singh
REALTOR®
(647) 825-3131 [email protected]
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