Excellent mixed use investment opportunity with good street exposure and corner lot, carefree management, well maintained and efficient public transit access. The building is fully leased and newly renovated - turnkey investment. Property has 1 commercial store on the ground floor (leased to a tailor) and 3 apartments (1 BRM on ground floor, 3 BDR on second floor, 2 BDR in basement). Excellent access to Dundas Street, Jane Street, St. Clair Avenue West, and shopping areas. Gross rental income is approx. $93,840 per year. Realty taxes $5,497.07 (2023). Tenants pay for utilities - units have 3 separate hydro meters. The property has 5 parking spaces.**** EXTRAS **** Carefree and low maintenance mixed use commercial/residential investment property. (id:21328)
MLS® Number | W6659336 |
Property Type | Retail |
Community Name | Rockcliffe-Smythe |
Size Interior | 3000 Sqft |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Acreage | No |
Size Irregular | 31.7 X 78.66 Ft |
Size Total Text | 31.7 X 78.66 Ft |
https://www.realtor.ca/real-estate/25824456/12-scarlett-rd-toronto-rockcliffe-smythe
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