Added 2 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: 471 - Commercial
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Age: No Data
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Taxes: 27048.89
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MLS®#: W9268971
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Days on Site: 72 Days
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Added: Aug 25, 2024 (2 months ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: RIZZO REAL ESTATE INC.
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.
Extras
5 Sep Hydro Meters, 2 sep HWT (Owned) inc new (2023) 200 gallon hwt for res units, 1 hwg boiler. Forced air A/C & Heat for comm space 2x 5 ton rooftop units. Heated make up air & exhaust for kitchen. Updated copper plumbing & abs drains.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Toronto
Community: Corso Italia-Davenport
Availability Date: 30/60/90 TBA
Inside
Bathrooms: 9
Air Conditioning: Part
Washrooms: 9
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Water Radiators
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: PLAN D1359 PT LOTS 5 & 6
Taxes: $27,049
Taxes Type: Annual
Land
Cross Street: St. Clair & Dufferin
Municipality District: Toronto W03
Parcel Number: 212870211
Lot Depth: 100 Feet
Lot Frontage: 42.66 Feet
Zoning: 471 - Commercial
Commercial Specific
Retail Area: 3222
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 7918
Total Area Metric: Sq Ft
Area Influence: Public Transit
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Financial Statement: Y
St Mary of the Angels Catholic School
Elementary: CatholicStella Maris Catholic School
Elementary: CatholicSt Clare Catholic School
Elementary: CatholicMcMurrich Junior Public School
Elementary: PublicRegal Road Junior Public School
Elementary: PublicRawlinson Community School
Elementary: PublicCaring and Safe Schools LC4
Secondary: PublicALPHA II Alternative School
Secondary: PublicVaughan Road Academy
Secondary: PublicOakwood Collegiate Institute
Secondary: PublicBloor Collegiate Institute
Secondary: PublicSt Mary Catholic Academy Secondary School
Secondary: Catholic
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