179 St Clair Avenue E, Toronto

Bedrooms: 16
Bathrooms: 12
Added: 1 week ago
Updated: 1 week ago
Last Checked: 1 week ago
Listed by: ROYAL LEPAGE YOUR COMMUNITY REALTY
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Listing description
This Other at 179 St Clair Avenue E Toronto, ON with the MLS Number c12359760 listed by ANDRE CELOTTO DE SOUZA - ROYAL LEPAGE YOUR COMMUNITY REALTY on the Toronto market 1 week ago at $3,650,000.

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. (id:1945)

Property Details Key information about 179 St Clair Avenue E

Cooling: Window air conditioner
Heating:
- Radiant heat
- Natural gas
Structure Type: Other
Exterior Features: Brick

Interior Features Discover the interior design and amenities

Basement:
- Apartment in basement
- N/A
Appliances:
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
- Window Coverings
Fireplaces Total: 4