RARE CORNER MIXED USE INVESTMENT IN CORSO ITALIA.
Toronto W03 M6E 1A8
Canada
Listing
| Web ID: | 5803335 |
|---|---|
| Website: | https://www.nestseekers.com/5803335 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 12 BR |
| Bathrooms: | 13 |
Financials
Price:C4,100,000
($2,881,600)
(€2,577,400)
Annual Taxes:C25,994
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 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.
Amenities
- Sump Pump
- Trash Compactor
- Water Heater
- Water Meter