$3,499,900
179 St Clair Ave E
Toronto C09, ON M4T 1N9
179 St Clair Ave E, Toronto C09 — Listed at $3,499,900. 16 bedroom, 12 bathroom 2-Storey Multiplex. MLS® C13420532.
Description
Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a strong cap rate at full occupancy. Featuring 8 suites (7 legal). A 1 bedroom suite has been gutted primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites. Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless AC units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles. Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered. Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased. A rare, turnkey opportunity in one of Toronto's most desirable neighbourhoods.
Property Details
Listing Courtesy of: REMAX YOUR COMMUNITY REALTY
MLS® #C13420532
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HouseIndex Take: 179 St Clair Avenue E
This multiplex (2-Storey) is located in the Rosedale-Moore Park neighbourhood of Toronto.
The home offers 16+5 bedrooms, 12 bathrooms.
Features include a apartment basement, 10 parking spaces including a 4-car garage, a fireplace.
Additional details: lot dimensions of 50 × 143.9 feet.
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About Toronto Real Estate
This Multiplex is located in the Rosedale-Moore Park community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.