3
For Sale58 days on Market
2889 St Clair Avenue
Toronto E03, ON, M4B 1N5
Community:O'Connor-Parkview
Asking Price
$1,395,000
Frontage
19.5 ft.
Lot Depth
110 ft.
Square Foot
3,000 ft.
Lot Area
Zoning
Commercial
2889 St Clair Avenue E C, Toronto E03, M4B 1N5
Property Description
Original Remarks
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.
PROPERTY HISTORY
2889 St Clair Avenue
PROPERTY DETAILS
OccupancyCommercial Retail
Possession TypeFor Sale
Heating TypeBaseboard
WaterMunicipal
Sewers
Retail Area3,000 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityO'Connor-Parkview
Hours Open
CategoryMulti-Use
LLBO
Days Open
Business / BuildingUnit
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces4
Drive Parking Spaces
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