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781 St Clair Ave W 20 Unit Apartment Building $6,135,886 USD ($306,794 USD/Unit) Toronto, ON M6C 1B4
Executive Summary
Located in the heart of St. Clair West, this is an exceptional opportunity for investors to buy a substantially renovated apartment building featuring 20 residential units and 2 ground floor commercial units. Over $2.7M in capital expenditures have been completed recently with new building mechanicals offering large reductions in utility expenses. A third floor addition with 4 units was completed in 2021 with 10' ceilings and air conditioning. 95% of units have been renovated. Ground floor commercial tenants are on triple net leases with annual escalations providing easy management and additional income. The property is in close proximity to the St. Clair West TTC Station offering exceptional connectivity and tenant appeal.
Property Facts
| Price | $6,135,886 USD | Apartment Style | Low-Rise |
| Price Per Unit | $306,794 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 20 | Building Size | 11,613 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1921/2021 |
| Zoning | R(d0.6) - Medium-density residential | ||
| Price | $6,135,886 USD |
| Price Per Unit | $306,794 USD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 11,613 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1921/2021 |
| Zoning | R(d0.6) - Medium-density residential |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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781 St Clair Ave W
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