779 St Clair Ave W
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779 St Clair Ave W
3,028 SF 100% Leased Retail Building Toronto, ON M6C 1B4 £1,072,954 (£354/SF) 5.44% Net Initial Yield
Investment Highlights
- High exposure location
- Natural light exposure
- Heavy commercialized area
Executive Summary
779 St Clair West is located in the heart of booming St Clair and Wychwood node, steps from both affluent Forest Hill and Casa Loma neighborhoods. The Property is comprised of a fully leased 2-storey streetfront retail building. The streetfront building comprises approximately 2,137 sf over the ground and second floor, plus a lower level, rear patio, second floor patio, and 2 parking spaces. The Property is located just west of the intersection of St Clair West and Christie Street. The Property benefits from a City-owned laneway to provide access to the rear parking and rear patio. All tenancies are stable, being on long-term leases.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,028 SF
Building Class
C
Year Built
1921
Price
£1,072,954
Price Per SF
£354
Net Initial Yield
5.44%
NOI
£58,358
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
10 ft
Building FAR
1.39
Lot Size
0.05 AC
Zoning
CR
Parking
2 Spaces (0.66 Spaces per 1,000 SF Leased)
Frontage
21 ft on St Clair Ave
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
1 of 3
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779 St Clair Ave W
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