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$ 3,900,000
Est. payment | /mo
9 Baths
7,918 SqFt
$ 3,900,000
Est. payment | /mo
9 Baths
7,918 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 7,918 sqft
Price per Sqft $492
MLS Listing ID W9268971
Annual Tax Amount $27,048
Tax Year 2023
Property Description
Prime Regal Heights Mixed-Use Investment on St. Clair Ave West. Solidly established longtime legacy franchise restaurant on main floor and 4 large 1100+ square foot 3 bedroom units, fully tenanted with well vetted quality tenants. Turnkey opportunity for investor: building was extensively renovated and upgraded by current owner during the course of over 16 years of ownership. Safety and fire is up to code, all units are separately metered, solid cap rate and peace of mind. Bustling neighborhood with tons of foot traffic, T.T.C. streetcar stop at the doorstep, and an incredible 97 point walk score "walker's paradise." Residential units have both front and rear of building access with small balconies for each units and spacious fire exits. Additional 2,649 square feet (mostly finished) in basement. All windows replaced in 2008, 25 year roof installed in 2009, commercial/retail area main floor and basement fully sprinklered.
Location
Province ON
County Toronto
Community Corso Italia-Davenport
Area Toronto
Zoning 471 - Commercial with Residential Units
Region Corso Italia-Davenport
City Region Corso Italia-Davenport
Interior
Cooling Partial
Inclusions Residential Units: 4 stoves, 4 fridges, all elfs.
Exterior
Community Features Public Transit
Utilities Available Yes
Others
Security Features Yes
Listed by RIZZO REAL ESTATE INC.
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