$8,499,000
Available - For Sale
Listing ID: C13517600
781 St. Clair Avenue West , Toronto, M6C 1B7, Toronto
| Located in the heart of St. Clair West, this is an exceptional opportunity for investors to buy a substantially renovated apartment building featuring 20 residential units and 2 ground floor commercial units. Over $2.7M in capital expenditures have been completed recently with new building mechanicals offering large reductions in utility expenses. A third floor addition with 4 units was completed in 2021with 10' ceilings and air conditioning. 95% of units have been renovated. Ground floor commercial tenants are on triple net leases with annual escalations providing easy management and additional income. The property is in close proximity to the St. Clair West TTC Station offering exceptional connectivity and tenant appeal. |
| Price | $8,499,000 |
| Taxes: | $40697.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 781 St. Clair Avenue West , Toronto, M6C 1B7, Toronto |
| Postal Code: | M6C 1B7 |
| Province/State: | Toronto |
| Legal Description: | LT 6 PL 1311 TORONTO; PT LT 28 CON 2 FTB |
| Directions/Cross Streets: | St. Clair Ave W/Arlington Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 10384.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto C02 |
| Neighbourhood: | Wychwood |
| Approximate Age: | 51-99 |
| Tax: | $40,697 |
| Fireplace: | N |
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