Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1742 St Clair Avenue W, Toronto W03, ON M6N 1J3 (St.Clair Ave.W./Silverthorn Ave)
$ 945000 - MLS : W12523456

From Our Gallery

Description

Completely Renovated Building - Turnkey Investment OpportunityFull Building Renovation: Recently renovated from top to bottom with quality finishes and modern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion.The entire Property has been fully Leased out. Commercial Retail Leased : $3,390 per month Hst Included. Utilities such as water and Hydro to be paid by Tenant. 3 Year Fixed Term. Business is a Successful Vape store with Multiple Locations around GTA Annual Income: $3,390 x 12 months = $40,680 Residential Units All Units have been fully renovated. Total 3 Units have been fully Leased out with 1 Year lease agreement. 1 Bedroom Basement Apartment: 1,300$ per month x 12 months= $15,600 Studio Apartment: $1,350 per month x 12 months = $16,200, 2 Bedroom Apartment: $1,850 x 12 months = $22,200

Location Description

St.Clair Ave.W./Silverthorn Ave

Property Detail

Community: Weston-Pellam Park
Property Type: Tenant/Commercial
Bath: 4
Garages: None
Annual Property Taxes : $ 11591.87

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Closed
Sewer : Sanitary+Storm Available ,

Listing Contracted With: SOLTANIAN REAL ESTATE INC.

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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