About 781 St. Clair Avenue W
Located in the heart of St. Clair West, this is an exceptional opportunity for investors to buy a substantially renovated apartment building featuring 20 residential units and 2 ground floor commercial units. Over $2.7M in capital expenditures have been completed recently with new building mechanicals offering large reductions in utility expenses. A third floor addition with 4 units was completed in 2021with 10' ceilings and air conditioning. 95% of units have been renovated. Ground floor commercial tenants are on triple net leases with annual escalations providing easy management and additional income. The Property is in close proximity to the St. Clair West TTC Station offering exceptional connectivity to downtown Toronto and tenant appeal.
Features of 781 St. Clair Avenue W
| MLS® # | C13517600 |
|---|---|
| Price | $8,499,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 781 St. Clair Avenue W |
|---|---|
| Area | Toronto |
| Subdivision | Wychwood |
| City | Toronto C02 |
| Province | ON |
| Postal Code | M6C 1B7 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | Partial |
| Fireplace | No |
Listing Details
| Office | AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP |
|---|