1081, St Clair, Corso Italia-Davenport, Toronto, Residential Freehold

MLS® Number W14034748
For Sale   $ 4,100,000
  • 12 beds | 
  • 13 baths | 
  • 5000 + SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Multiplex 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 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.

Interior Features: Sump Pump, Trash Compactor, Water Heater, Water Meter

Cross Street: St. Clair and Lauder

Direction Faces: South

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 12
  • Bedrooms Below Grade: 4
  • Bedrooms Above Grade: 8
  • Bathrooms Total Integer: 13
  • Lot Width: 30.33
  • Kitchens Total: 10
  • Parking Total: 2
  • Parking Spaces: 2
  • Parking Features: Tandem
  • Garage Type: None
  • Heat Source: Electric
  • Heat Type: Baseboard
  • Cooling: Wall Unit(s)
  • Living Area Range: 5000 + Square Feet

Location 1081, St Clair, Corso Italia-Davenport, Toronto

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Kate Naccarato
Sales Representative 416-779-6085