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12 Scarlett Rd Toronto, Ontario M6N 4K1

3000 sqft

$1,500,000

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)

Property Details

MLS® Number W6659336
Property Type Retail
Community Name Rockcliffe-Smythe

Building

Size Interior 3000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

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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