1081 St Clair Avenue
Corso Italia-Davenport / Toronto W03, ON M6E 1A8
About This Property
RARE CORNER MIXED-USE INVESTMENT IN CORSO ITALIA. Solid brick 3-storey building, built in 1994, at St. Clair Ave West and Lauder Ave, steps from the 512 St. Clair streetcar. 16 rentable units: 3 street-front retail stores with high ceilings, 8 apartments, plus a permitted lower-level bachelor and 4 rooms. Approximately 7,405 sq ft above grade plus a 2,755 sq ft lower level, on a 3,034 sq ft corner lot with rear lane access. Apartments and stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs low. 400-amp main service, monitored fire alarm panel and 16-camera security system. Strong income today with clear upside, on one of Toronto's busiest neighbourhood shopping streets. Financial package available to qualified buyers.
Property Details
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Features & Amenities
- Air Conditioning
- Basement
Buying or selling in Davenport?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
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TRREB MLS® Attribution
MLS® W14034736
Listed by RE/MAX REALTRON REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$20,021
/month · $3,280,000 mortgage
Amortization
Total Interest
$2,726,252
Total Cost
$6,006,252
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX REALTRON REALTY INC.