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12 Scarlett Rd Toronto, Ontario M6N 4K1

3000 sqft

$1,480,000

Excellent mixed use investment opportunity with good street exposure and corner lot, Rare, Highly Desirable, Self Managed, Well Maintained and Efficient Public Transit Access. The building is fully leased and newly renovated - turnkey investment. Property has 1 commercial store on the ground floor (leased to a tailor) and 3 apartments (1 BRM on ground floor, 3 BDR on second floor, 2 BDR in basement). Excellent access to Dundas Street, Jane Street, St. Clair Avenue West, and shopping areas. Gross rental income is approx. $93,600 per year. Realty taxes $5,497.07 (2023). Tenants pay for utilities - units have separate hydro meters. Parking is Available 5 Spaces. **** EXTRAS **** Carefree and low maintenance mixed use commercial /residential investment property. Price includes all appliances. 1 Gas meter & 3 Hydro Separated Meters, Electrical, 3 Fridges, 3 Stoves, 2 Washer and dryer. (id:50787)

Property Details

MLS® Number W8145304
Property Type Retail
Community Name Rockcliffe-Smythe

Building

Size Interior 3000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Irregular 31.7 X 78.66 Ft
Size Total Text 31.7 X 78.66 Ft

https://www.realtor.ca/real-estate/26627357/12-scarlett-rd-toronto-rockcliffe-smythe

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