179 St Clair Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Rosedale-Moore Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 16 Bedrooms and 12 Bathrooms with 8 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 50 x 143.9 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Heating Controls
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
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.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 179 St Clair Avenue E, Toronto C09, ON M4T 1N9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,499,900 in Toronto, the legal minimum down payment is $699,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $73,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,973 also applies, bringing the total estimated land transfer taxes to $147,945.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
