1081, St Clair, Corso Italia-Davenport, Toronto, Commercial
Description
Commercial Investment For Sale.
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 7,405 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 and stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs 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.
Cross Street: St. Clair and Lauder
Key Facts
- Days on: 0 days
- Mls Status: New
- Lot Type: Building
- Lot Width: 30.33
- Garage Type: None
- Heat Type: Baseboard
- Cooling: Partial
- Building Area Total: 7405 Square Feet
Location 1081, St Clair, Corso Italia-Davenport, Toronto
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