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A 1285 St Clair Ave W 2,150 SF 100% Leased Retail Building Toronto, ON M6E 1B8 $949,000 CAD ($441.40 CAD/SF) 5% Cap Rate
Executive Summary
Exceptional opportunity for investors and owner-operators alike to acquire a well-located mixed-use building in the highly sought-after Corso Italia neighbourhood. Approx. 2,150 SF featuring one ground-floor retail unit and a spacious 3-bedroom apartment on the second floor. Investors will appreciate the month-to-month tenancies offering immediate rental upside and a 5% cap rate, while vacant possession is possible for those looking to occupy and operate their own business on-site.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,150 SF
Building Class
C
Year Built
1920
Price
$949,000 CAD
Price Per SF
$441.40 CAD
Cap Rate
5%
NOI
$47,450 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.68
Lot Size
0.03 AC
Zoning
CR
Frontage
16’ on St Clair Ave
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 5
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A | 1285 St Clair Ave W
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