Toronto W03 M6E 1A8
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C4,100,000
($2,881,600)
(€2,577,400)
Annual Taxes:C25,994
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

RARE CORNER MIXED USE INVESTMENT IN CORSO ITALIA.

Description

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 7,405 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 and stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs 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.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.