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For Sale

781 St. Clair Avenue W, Toronto, ON M6C 1B7

$8,499,000

  • Investment
  • MLS® C13517600

Listing Brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Description

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 to downtown Toronto and tenant appeal.

Property details

MLS® number
C13517600
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Wychwood
City
Toronto C02
Building area
10384 Square Feet
Lot width
47.79 Feet
Lot depth
117.27 Feet
Approximate age
51-99
Heating
Gas Forced Air Open
Cooling
Partial
Garage
None
Taxes
$40,697.00
Tax year
2026
Business type
Apts - Over 20 Units
Listing brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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