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About the Listing 087008 -
Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a strong cap rate at full occupancy. Featuring 8 suites (7 legal). A 1 bedroom suite has been gutted primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites. Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless AC units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles. Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered. Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased. A rare, turnkey opportunity in one of Toronto's most desirable neighbourhoods.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Multi-Family
MLS ®
C13420532
Year Built
Total Square Footage
5,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 16
- Bathrooms: 12 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Gas
- Fireplaces: Wood
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment
- Other: Separate Heating Controls,8 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Shingles
- Others: Porch
- Sewer: Sewer
- Parking Features: Private,Detached,Has Garage
Financial Details
- Tax Amount: $19,087
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
179 St Clair Ave E Toronto, ON M4T 1N9
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