Detached, 3-Storey

  • For Sale $4,999,900
  • $5,000/sqft
2901 St Clair Ave E, Toronto, ON M4B1N5, Canada

Detached, 3-Storey

2901 St Clair Ave E, Toronto, ON M4B1N5, Canada
  • $4,999,900 For Sale $5,000/sqft

Overview

  • Detached
  • Property Type
  • 8+3
  • Bedrooms
  • 12
  • Bathrooms
  • 6.0
  • Parking
  • -5000
  • Sqft
  • Year Built

Description

4% Cap Rate On A Renovated Building. 12 Unit Purpose Built Apartment Building - 10 Of 12 Units Have Been Gutted And Fully Renovated With: New Kitchens, New Baths, New Floors, New Appliances, New Ac, New Plumbing, New Wiring. New Windows And Doors Throughout. Approx 9,000 Sq Ft Total. 3 Car Garage. New Eaves. Gross $262,164 Net $215,282. Two Units Can Be Shown, The Rest With Offer Cond On Inspection. Photos, Floorplans And Financials Are Attached.

Extra: 10 Renovated Units Have New Fridge, Microwave, Stove And Dishwasher, Wall Unit A/C, Washer And Dryer. 1 Unit (Not Renovated) Is Vacant. Viessmann Boiler/Furnace Approx 2002, Tenants Pay Hydro. Easy To Rent, Management Services Avail

  • Address 2901 St Clair Ave E
  • City Toronto
  • Province ON
  • Postal Code M4B1N5
  • Community East York
  • Country Canada

Details

Updated on Jan 17, 2023 at 04:34:48
  • MLS#: E5872926
  • Price: $4,999,900
  • Property Sqft: - 5000 Sqft
  • Bedrooms: 8 + 3
  • Bathrooms: 12
  • Parking Spaces: 6.0
  • Garage Type: Attached
  • Driveway: Lane
  • Year Built/Age:
  • Property Type: Detached
  • Property Style: 3-Storey
  • Kitchens: 8
  • Maint. Fee: $
  • Tax: $17,876.00
  • Exterior: Brick
  • Heat Type: Radiant
  • Heat Source: Gas
  • Fireplace:
  • A/C: Wall Unit
  • Basement: Apartment
  • Listed By: Harvey Kalles Real Estate Ltd., Brokerage

Additional details

  • Lot Front: 55.99 ft
  • Lot Depth: 110.00 ft
  • Acreage: < .50
  • Garage_spaces: 3.0
  • Parking_spaces: 6.0

Includes

  • Parking_inc: Yes

Parkings

  • Parking_spaces: 6.0

Rooms

# Level Type Size Description
$
Down payment Percentage*
%
%
%
Purchase price Minimum down payment
$500,000 or less
  • 5% of the purchase price
$500,000 to $999,999
  • 5% of the first $500,000 of the purchase price
  • 10% for the portion of the purchase price above $500,000
$1 million or more
  • 20% of the purchase price
Down payment
$
$
$
Mortgage insurance
$
$
$
Total Mortgage Required
$
$
$

Amortization period
Mortgage term
Mortgage rate
%
%
%
Total Mortgage Payment
$
$
$

Land Transfer Tax ( )

Selecty City
Provincial
$
Municipal
$
Rebate
$
Land Transfer Tax
$

Required Cash Expenditures
Down payment
$
$
$
PST on mortgage insurance
$
$
$
Land Transfer Tax
$
Lawyer fees
$
Title insurance
$
Total Cash Required
$
$
$

Mortgage Payment Chart at % Down Payment:

$7,074.33
Monthly
  • Down Payment $5,741.00
  • Mortgage Insurance $250.00
  • Total Mortgage $83.33
  • Land Transfer $1,000.00
  • Mortgage / month $5,741.00
  • Property Tax / month $250.00
  • Maintenance Fee / month $83.33
  • Monthly Total = $7,074.33

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