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Home ON Greater Toronto Area Toronto Old Toronto Regal Heights
1085 ST CLAIR AVENUE W
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1085 ST CLAIR AVENUE W $3,900,000
$3,900,000
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1085 ST CLAIR AVENUE W
Toronto (Corso Italia-Davenport), Ontario M6E1A8

MLS® Number: W9268971
9
Bathrooms
7918
Square Feet

Listing Description

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. (36599271)

Location Description

St. Clair & Dufferin

Property Summary

Property Type
Retail
Square Footage
7918 sqft
Community Name
Corso Italia-Davenport
Land Size
42.66 x 100 FT
Annual Property Taxes
$27,048.89
Time on REALTOR.ca
82 days

Building

Bathrooms
Total
9
Interior Features
Appliances Included
Refrigerator, Stove
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
7918 sqft

Land

Lot Features
Frontage
42 ft ,7 in
Land Depth
100 ft
Other Property Information
Zoning Description
471 - Commercial with Residential Units
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
LUIGI ELLIOT RIZZO