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12 Scarlett Rd

1,911 SF 100% Leased Retail Building Toronto, ON M6N 4K1 $1,044,114 USD ($546 USD/SF)

Retail Space Ontario Toronto 12 Scarlett Rd, Toronto, ON M6N 4K1

Executive Summary

Excellent mixed use investment opportunity with good street exposure and corner lot, carefree management, well maintained and efficient public transit access. The building is fully leased and newly renovated - turnkey investment. Property has 1 commercial store on the ground floor (leased to a tailor) and 3 apartments (1 BRM on ground floor, 3 BDR on second floor, 2 BDR in basement). Excellent access to Dundas Street, Jane Street, St. Clair Avenue West, and shopping areas. Gross rental income is approx. $93,840 per year. Realty taxes $5,497.07 (2023). Tenants pay for utilities - units have 3 separate hydro meters. The property has 5 parking spaces. Carefree and low maintenance mixed use commercial/residential investment property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,911 SF
Building Class
B
Year Built
1919
Price
$1,044,114 USD
Price Per SF
$546 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.03 AC
Zoning
CR
Frontage
67 FT on Scarlett Rd
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Nearby Major Retailers

Loblaw
Starbucks
Denny's
Mr Sub
Tim Hortons
TD Canada Trust
FRESH CO.
Osmow's
F45 Training, Inc.
Roti Modern Mediterranean
(905) 856-8111

Contact

  • Listing ID: 29034486

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 12 Scarlett Rd, Toronto, ON M6N 4K1

The Retail Property at 12 Scarlett Rd, Toronto, ON M6N 4K1 is currently available for sale. Contact Vanguard Realty Brokerage Corp., for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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12 Scarlett Rd
(905) 856-8111 x

12 Scarlett Rd

Hussein Saleh

(905) 856-8111

(905) 856-8111

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