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 2021with 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.
Features & Amenities
Garage: None
Cooling: Partial
Heat Type: Gas Forced Air Open
Property Details
Property Type
Commercial
Property Sub-Type
Investment
Garage
None
Heat Type
Gas Forced Air Open
Cooling
Partial
Annual Tax
$40,697
Tax Year
2026
Building & Construction
Approximate Age
51-99
Building Area Total
10384
Heating & Cooling
Heat Type
Gas Forced Air Open
Cooling
Partial
Parking & Garage
Garage Type
None
Lot & Land
Lot Size Units
Feet
Lot Depth
117.27
Lot Width
47.79
Financial & Tax
Tax Annual Amount
$40,697
Tax Year
2026
Possession Type
Immediate
Utilities & Services
Utilities
Yes
Additional Details
Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
St. Clair Ave W/Arlington Ave
Directions
St. Clair Ave W/Arlington Ave
Showing Requirements
See Brokerage Remarks
Location
781 St. Clair Avenue W, Toronto, ON M6C 1B7, Toronto C02, ON, M6C 1B7
Listing courtesy ofAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
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