1700 St Clair Ave W 1,674 SF Retail Building Toronto, ON M6N 1J1 $955,523 USD ($570.80 USD/SF) 5.19% Cap Rate

Attention end Users, value-add Investors, Builders! 1700 St. Clair Ave West is available for sale & primed for a three-storey addition with as-of-right zoning. Building was gutted to the studs in 2021 with all new mechanical, plumbing & electrical systems. Architectural drawings available for a 2nd & 3rd floor addition for two 2-storey, 2-bedroom apartments. Partial load bearing support installed for addition + stairwell cavities for future front & rear apartments on upper floors. Commercial main floor unit has accessible W/C & private rear access to laneway parking for 2 SUV sized vehicles. Finished 1,500 SF+ high & dry basement w/powder room, office & separate entrance. Retail unit occupied by popular neighbourhood favorite specialty food market/café/wine shop ‘LA SPESA FOOD MARKET’. No detail or quality was spared in the design & construction. On the North sunny side of the street with great curb appeal & neighbouring a development pipeline of 1000s of residential units. Steps to 512 streetcar & walking distance to the future Metrolinx UP Station, also falls within the St Clair-Old Weston Major Transit Station Area. This is the opportunity to get in early & take it to the next level! Listing cover photo is a rendering. *Business/chattels available for sale MLS# W12436807. Please contact Listing Agent for more details.