Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

2889 St Clair Avenue E C, Toronto E03, ON M4B 1N5 (Victoria Park & St Clair)
$ 1395000 - MLS : E13113026

From Our Gallery

Description

Excellent Investment Property. Main Floor used as a Restaurant, 1,000 square feet and TWO 2 Bedroom Apartments upstairs, each at 1,000 square feet with separate entrances. Established main Floor Restaurant on Lease since 2016 and recently renewed a 5 Year Lease. 4 Parking at the Back. CAP Rate, 4% and NOI, $52,182. Restaurant Lease at $2,300 per month, Apartment A at $1,870 per month and Apartment B at $1,336 per month. Call LA to request Leases.

Location Description

Victoria Park & St Clair

Property Detail

Community: O'Connor-Parkview
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 8394.87

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard

Listing Contracted With: RIGHT AT HOME REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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