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2901 E St Clair Ave

Toronto, ON M4B 1N5
  • $5,199,900
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: E5724919
$5,199,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

Description

4% Cap Rate On A Renovated Building. 12 Unit Purpose Built Apartment Building - 10 Of 12 Units Have Been Gutted And Fully Renovated With: New Kitchens, New Baths, New Floors, New Appliances, New Ac, New Plumbing, New Wiring. New Windows And Doors Throughout. Approx 9,000 Sq Ft Total. 3 Car Garage. New Eaves. Gross $249,900 Net $205,900. Two Units Can Be Shown, The Rest With Offer Cond On Inspection. Photos, Floorplans And Financials Are Attached.

Extras: 10 Renovated Units With New F/S/D/W&D/ And Ac. 1 Unit Is Vacant. Viessmann Boiler/Furnace Approx 2002, Tenants Pay Hydro. Easy To Rent, Free Management Services For One Year, Ask La For Details.

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Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | Real Broker Ontario LTD.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-12-05T06:39:55.977.
www.fishmangroup.ca/homes/131961661
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2901 E St Clair Ave Toronto, ON M4B 1N5

  • Price: $5,199,900
  • Status: Active
  • On Site: 118 Days
  • MLS #: E5724919
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
O'connor-Parkview
County:
Ontario
Area:
Toronto E03
Property Description
4% Cap Rate On A Renovated Building. 12 Unit Purpose Built Apartment Building - 10 Of 12 Units Have Been Gutted And Fully Renovated With: New Kitchens, New Baths, New Floors, New Appliances, New Ac, New Plumbing, New Wiring. New Windows And Doors Throughout. Approx 9,000 Sq Ft Total. 3 Car Garage. New Eaves. Gross $249,900 Net $205,900. Two Units Can Be Shown, The Rest With Offer Cond On Inspection. Photos, Floorplans And Financials Are Attached.

Extras: 10 Renovated Units With New F/S/D/W&D/ And Ac. 1 Unit Is Vacant. Viessmann Boiler/Furnace Approx 2002, Tenants Pay Hydro. Easy To Rent, Free Management Services For One Year, Ask La For Details.
Exterior Features

Freestanding Yes Garage Type Double Detached Lot Depth 110.00 Lot Front 55.99 Lot Size Code Feet Parking Spaces 6

Interior Features

Air Conditioning Part Basement Y Elevator None Heat Type Water Radiators Total Area 8988.60 Total Area Code Sq Ft

Property Features

Category Apartment Commercial Type Investment Cross Streets St. Clair Ave E & O'connor Expenses Actual Or Estimated Est Financial Statement Yes Heat Expenses 5542 Hydro Expense 6199 Insurance Expense 8018 List Price Type For Sale Lot Code Lot Maintenance 500.00 Net Income Before Debt 211398 Occupancy Tenant Operating Expenses 43805 Sale Or Lease Sale Seller Property Info Statement No Sewer San+Storm Sprinklers N Tax Year 2021 Taxes 17876.83 Taxes Type Annual Use Apts-6 To 12 Units Utilities Y Vacancy Allowance 2542 Water Municipal Water Expense 3128 Year Expenses 2021 Zoning Residential

Listing courtesy of Harvey Kalles Real Estate Ltd., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | Real Broker Ontario LTD.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-12-05T06:39:55.977.
 
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