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12 Scarlett Rd
Toronto, ON M6N 4K1
Retail Property For Sale


Executive Summary
Excellent mixed use investment opportunity with good street exposure and corner lot, carefree management, 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. $93,840 per year. Realty taxes $5,497.07 (2023). Tenants pay for utilities - units have 3 separate hydro meters. The property has 5 parking spaces. Carefree and low maintenance mixed use commercial/residential investment property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,911 SF
Building Class
B
Year Built
1919
Price
$1,081,871 USD
Price Per SF
$566.13 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.03 AC
Zoning
CR - Commercial
Frontage
67’ on Scarlett Rd
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