Price $2,489,000
Status Active
Beds 5
Baths 1 Bath
Home size n/a
Lot Size n/a
Days on Market 8
This Property Offers A Unique Investment Opportunity With Potential For Redevelopment. With Its Prime Location, The Building Could Be Converted Or Expanded To Take Advantage Of The Anticipated Growth In The Area. Overall, This Property Has A Lot Of Potential For Both Immediate Income And Long-Term Investment Value. The Property Is Located On St. Clair Ave. West, Just East Of Runnymede Road, At The Base Of The Stockyard Neighborhood. The Area Is Undergoing Significant Development, With Over 3,000 New Residential Units Planned For St. Clair West In The Immediate Area. The Property Is A Solid Brick Detached Building With A High Ceiling And Basement That Offers 1 Commercial Unit And 4 Self-Contained Residential Units. The Location Of The Building Is In A High Traffic Area With Excellent Exposure, Next To Auto Dealers. The Deep Lot Also Provides Ample Parking For Up To 6 Cars. Additionally, There Is Potential For Additional Income From Rooftop Signage.
Property Type(s): Single Family
Last Updated 3/21/2023 County Ontario

Additional Details

AIR None
AREA Toronto
BASEMENT Finished, Yes
CONSTRUCTION Brick, Stucco/Plaster
GARAGE None
HEAT Radiant | Other
LOT 0
PARKING 6 Space(s)
POOL DESCRIPTION None
SEWER Sewers
STYLE 2 Levels
TAXES 12472.00
WATER Municipal

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Paul Chan to contact you even if your name is on a Federal or State "Do not call List".

Listed with CENTURY 21 PEOPLE`S CHOICE REALTY INC., BROKERAGE
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2023.

Email a Friend