$1,295,000
Toronto
1700 St Clair Avenue West, Toronto (Weston-Pellam Park), Ontario, M6N1J1
This retail property in Toronto is for sale offering roughly 1,674 sq ft of space. It has been on the market 34 days, fresher than the Toronto average of 56 days.
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 (200 amp). Architectural drawings available for a 2nd & 3rd floor addition for two 2-storey, 2-bedroom apartments. Partial load bearing support + stairwell cavities installed for the future front & rear apartments on the 2nd & 3rd floor addition. Commercial main floor unit has accessible W/C & private rear access to laneway parking for 2 SUV sized vehicles. Finished 1,600 SF high & dry basement w/powder room, office & separate entrance can be leased separately. Hundreds of 1000s spent on re-build - No detail or quality was spared in the quality & design. 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, and 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! Vacant possession possible. Cover photo is a rendering. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Toronto (Weston-Pellam Park) has been listed for 34 days, which is 22 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,295,000, about 17.2× the local median household income of $75,500.
Carrying it typically needs a household income of about $252,959 (20% down, 25-yr amortization, stress-tested) — roughly 235% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6N)
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