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Renanza Realty
For sale

179 ST CLAIR AVENUE E

Toronto (Rosedale-Moore Park), Ontario

MLS® C13420532

$3,499,900

Status
Active
Property type
Multi-family
MLS® number
C13420532
Bedrooms
16
Bathrooms
12
Year built

Listing description

Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a strong cap rate at full occupancy.

Featuring 8 suites (7 legal). A 1 bedroom suite has been gutted primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites.

Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless AC units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles.

Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered.

Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased.

A rare, turnkey opportunity in one of Toronto's most desirable neighbourhoods.

Property summary

MLS® number
C13420532
Property type
Multi-family
Building type
Other
Land size
50 x 143.9 FT
Annual property taxes
$19,086.83
Parking
10 spaces · Detached Garage, Garage
Days on market
78 days

Features & details

Heating
Radiant heat, Natural gas
Cooling
Window air conditioner
Basement
Apartment in basement, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior features
Brick

What would this home cost you?

Based on the $3,499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$16,284 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX YOUR COMMUNITY REALTY, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.