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1261 St Clair Ave W 1,522 SF 100% Leased Retail Building Toronto, ON M6E 1B8 $649,492 USD ($426.74 USD/SF)


Investment Highlights
- The property benefits from excellent visibility and frontage on St. Clair Avenue West, a major east-west arterial route.
- The property's central Toronto location offers easy access to downtown, major transportation routes, and a broad range of amenities.
- Convenient access to TTC streetcar service provides strong connectivity to surrounding residential communities and employment nodes.
Executive Summary
Wonderful investment opportunity mixed use building commercial/residential with great exposure on St. Clear Ave West. Two upgraded units and full basement in very good condition. Flexible zoning with many uses allowed for professional office and/or retail. Previously the entire property was used as a dental clinic. Second floor residential unit includes full bathroom and a kitchen and can be easily reconverted into a 2 bedroom + den. Potential to extend the building at the back and almost double its size. Create another unit or more office space. Ideal set up to live upstairs and work downstairs or rent both units. The commercial tenant can pay some of the taxes, maintenance and insurance to reduce costs and make it even a better investment. Seller can give a mortgage at a reasonable interest rate. Streetcar stop in front of the building going into the subway, easy and fast access to downtown, near by public parking, close to shopping, restaurants, schools, park
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,522 SF
Building Class
C
Year Built
1923
Price
$649,492 USD
Price Per SF
$426.74 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.15
Lot Size
0.03 AC
Zoning
CR
Frontage
15’ on St Clair Ave
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 3
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1261 St Clair Ave W
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