Excellent Mixed Use Investment Opportunity With Good Street Exposure And Corner Lot, Rare, Highly Desirable, Self Managed 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 (1bdrm On Ground Floor, 3 Bdrm On Second Floor, 2 Bdrm In Basement). Excellent Access To Dundas Street, Jane Street, St. Clair Avenue West, And Shopping Areas. Gross Rental. Income Is Approx. $93,600 Per Year. Reality Taxes $5,497.07 (2023). Tenants Pay For Utilities, Units Have Separate Hydro Meters. Parking Is Available 5 Spaces.
| Address |
12 Scarlett Rd |
| List Price |
$1,480,000 |
| Property Type |
Free |
| Type of Dwelling |
Detached |
| Style of Home |
3-Storey |
| Area |
Toronto W03 |
| Sub-Area |
Rockcliffe-Smythe |
| Bathrooms |
4 |
| MLS® Number |
W8145642 |
| Listing Brokerage |
VANGUARD REALTY BROKERAGE CORP.
|
| Postal Code |
M6N 4K1 |
| Tax Amount |
$5,497 |
| Tax Year |
2023 |
