Property Details
179 ST CLAIR AVENUE E, Toronto (Rosedale-Moore Park), Ontario, M4T1N9
Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a true 5.86% cap rate at full occupancy. Featuring 8 suites, with 2 vacant units ready for new tenants, and one gutted suite primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites. Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless AC units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles. Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered. Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased. A rare, turnkey opportunity in one of Toronto's most desirable neighbourhoods. (id:2471)
HARVEY KALLES REAL ESTATE LTD. Brokerage - Toronto
- 416-452-6249
- 416-441-2888
- rick@rickohomes.com
- Property Address: 179 ST CLAIR AVENUE E, Toronto (Rosedale-Moore Park), Ontario, M4T1N9
- Community Name: Rosedale-Moore Park
- Property Type: Multi-family
- Lot Size: 50 x 143.9 FT
- Acreage: 50 x 143.9 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Detached Garage, Garage
- Total Parking Spaces: 10
- Maintenance Fee: 0.00
- Structure Style: Other
- Storeys: 2
- Floor Space: 5000 - 100000 sqft
- Bedrooms: 11 + 5
- Bathrooms: 12-Total 4-Partial
- Basement Type: N/A
- Heating Type: Natural gas, Radiant heat
- Cooling: Window air conditioner
- Exterior Type: Brick
- Fireplace Present: True
- Foundation Type: Concrete
- Appliances Included: Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
- Structures: Porch
Listing Offices: ROYAL LEPAGE YOUR COMMUNITY REALTY
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