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781 St Clair Ave W 20 Unit Apartment Building $8,499,000 CAD ($424,950 CAD/Unit) Toronto, ON M6C 1B4

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Executive Summary

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 2021 with 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 and tenant appeal.

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Property Facts

Price	$8,499,000 CAD	Apartment Style	Low-Rise
Price Per Unit	$424,950 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.10 AC
No. Units	20	Building Size	11,613 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment	Year Built/Renovated	1921/2021
Zoning	R(d0.6) - Medium-density residential

Price	$8,499,000 CAD
Price Per Unit	$424,950 CAD
Sale Type	Investment
No. Units	20
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.10 AC
Building Size	11,613 SF
No. Stories	3
Year Built/Renovated	1921/2021
Zoning	R(d0.6) - Medium-density residential