Corso Italia-Davenport, Toronto, M6E 1A8
Description
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 nd stores are separately metered for hydro, and tenants pay their own, including electric heat. This keeps owner costs7,405 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 a 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.
Features
- Facing: South
- Bedrooms: 8
- Bathrooms: 12
- Garages:
- Kitchens: 8
Details
- Lot size: 30.33 x 100.00 Feet
- Space: 5000 +
- Tax: $ 25994.00
- W14034748
- Listing contracted with: RE/MAX REALTRON REALTY INC.
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 4.27x2.97 | Combined w/Dining, Window |
|
| Dining Rm | 4.27x2.97 | Combined w/Living |
|
| Kitchen | 3.22x1.80 | B/I Appliances, Open Concept |
|
| Primary B | 3.50x2.97 | Window, Closet |
|
| 2nd Br | 3.86x2.91 | Window |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 10xBaths | 3 pcs | ||
| 2xBaths | 2 pcs |
Property Summary
Located close to the intersection of St. Clair and Lauder, 1081 St Clair Ave W is a 8+4 bedrooms 12 washrooms Multiplex. The property has many nice features including Water Meter, Water Heater, Trash Compactor and Sump Pump. .Home Market Analysis
For Lease
Rent levels have decreased 23.1% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 54% of residents hold a bachelor's degree or higher, while about 25% have a college credential. Public transit is commonly used by local commuters, alongside driving.
