Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

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
  • Listing ID: 29034486

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 12 Scarlett Rd, Toronto, ON M6N 4K1

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}