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1083-1085 St Clair Ave W

10,714 SF 100% Leased Retail Building Toronto, ON M6E 1A8 $2,712,855 USD ($253 USD/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,714 SF
Building Class
C
Year Built
1975
Price
$2,712,855 USD
Price Per SF
$253 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
2.73
Lot Size
0.09 AC
Zoning
CR - Commercial Residential
Frontage
44 FT on St Clair Ave
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Osmow's
CIBC
Royal Bank of Canada
National Bank of Canada
Scotiabank
Crossfit Inc
Tim Hortons
TD Canada Trust ATM
No Frills
9round Fitness
  • Listing ID: 32423037

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 1083-1085 St Clair Ave W, Toronto, ON M6E 1A8

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