Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a true 5.86% cap rate at full occupancy. Featuring 8 suites, with 2 vacant units ready for new tenants, and one gutted suite 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.
Address
179 St Clair Avenue E
List Price
$3,400,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C09
Sub-Area
Rosedale-Moore Park
Region
Toronto
Bedrooms
11 + 5
Bedrooms (Total)
16
Rooms Above Grade
25
Bathrooms
12
Floor Area
5000 + Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
143.9
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
50
Occupant Type
Tenant
Cross Street
St. Clair East & Mount Pleasant
MLS® Number
C12613998
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Basement Area
Apartment
Postal Code
M4T 1N9
Posession Details
Flexible
Parking
Private
Parking Places (Total)
10
Parking Spaces
6
Tax Amount
$18,905.45
Tax Year
2025
Site Influences
Porch
Accessibility Features
Fire Escape
Exterior Features
Porch
Interior Features
Separate Heating Controls
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Window Unit(s)
Construction Materials
Brick
Direction Faces
South
Fireplace
Yes
Fireplace Features
Wood
Foundation Details
Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
4
Kitchens Total
8
Kitchens Above Grade
8
Pool Features
None
Roof
Shingles
Tax Legal Description
LT 304 PL 895 MOORE PARK; CITY OF TORONTO
Waterfront
No
Sewer
Sewer
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