Nest Seekers

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

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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