C - 2889 St Clair Avenue E Toronto, Ontario M4B 1N5

3,000 sqft
Partially Air Conditioned, Fully Air Conditioned Baseboard Heaters

$1,395,000

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. (id:56248)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number E13113026
Property Type Retail
Community Name O'Connor-Parkview
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Cooling Type Partially Air Conditioned, Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 3,000 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 110 Ft
Size Frontage 19 Ft ,6 In
Size Irregular Unit=19.5 X 110 Ft
Size Total Text Unit=19.5 X 110 Ft
Zoning Description Store/apartment/office

https://www.realtor.ca/real-estate/29734357/c-2889-st-clair-avenue-e-toronto-oconnor-parkview-oconnor-parkview

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