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$3,650,000
Available - For Sale
Listing ID: C12359760
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.
Price $3,650,000
Taxes: $18,905.45
Occupancy by: Tenant
Address: 179 St Clair Aven East , Toronto, M4T 1N9, Toronto
Directions/Cross Streets: St. Clair East & Mount Pleasant
Rooms: 25
Bedrooms: 11
Bedrooms +: 5
Washrooms: 12
Family Room: T
Basement: Apartment
No. of Pieces Level
Washroom 1 4 Second
Washroom 2 2 Second
Washroom 3 4 Flat
Washroom 4 2 Flat
Washroom 5 4 Lower
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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ROYAL LEPAGE YOUR COMMUNITY REALTY

179 St Clair Aven East , Toronto, M4T 1N9, Toronto


 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto C09
Neighbourhood: Rosedale-Moore Park
Style: 2-Storey
Lot Size: x 143.90(Feet)
Approximate Age:
Tax: $18,905.45
Maintenance Fee: $0
Beds: 11+5
Baths: 12
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Maria Tompson
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Cell: 416-548-7854
Office: 1-866-382-2968
Fax: 416-981-7184


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 4711 Yonge Street, 10th Floor, Toronto, ON, M2N 6K8
 



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