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$1,480,000Asking Price

12 Scarlett Rd

Rockcliffe-Smythe, Toronto

Detached
0
Bedrooms
4
Baths
5
Parking
Days on Market

Excellent Mixed Use Investment Opportunity With Good Street Exposure And Corner Lot, Rare, Highly Desirable, Self Managed Well Maintained And Efficient Public Transit Access. The Building Is Fully Leased And Newly Renovated Turnkey Investment. Property Has 1 Commercial Store On The Ground Floor (Leased To A Tailor) And 3 Apartments (1bdrm On Ground Floor, 3 Bdrm On Second Floor, 2 Bdrm In Basement). Excellent Access To Dundas Street, Jane Street, St. Clair Avenue West, And Shopping Areas. Gross Rental. Income Is Approx. $93,600 Per Year. Reality Taxes $5,497.07 (2023). Tenants Pay For Utilities, Units Have Separate Hydro Meters. Parking Is Available 5 Spaces.

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Excellent Mixed Use Investment Opportunity With Good Street Exposure And Corner Lot, Rare, Highly Desirable, Self Managed Well Maintained And Efficient Public Transit Access. The Building Is Fully Leased And Newly Renovated Turnkey Investment. Property Has 1 Commercial Store On The Ground Floor (Leased To A Tailor) And 3 Apartments (1bdrm On Ground Floor, 3 Bdrm On Second Floor, 2 Bdrm In Basement). Excellent Access To Dundas Street, Jane Street, St. Clair Avenue West, And Shopping Areas. Gross Rental. Income Is Approx. $93,600 Per Year. Reality Taxes $5,497.07 (2023). Tenants Pay For Utilities, Units Have Separate Hydro Meters. Parking Is Available 5 Spaces.

Key Info

  • 3-Storey Detached
  • 5-Car Driveway
  • No Garage
  • St. Clair/Scarlett
  • Basement: Apartment, Separate Entrance
  • 3 Kitchens
  • Radiant Gas Heating
  • No A/C

Property

  • Lot Size 31.7 x 78.66 Feet
  • Aluminum Siding/Stucco/Plaster Exterior
  • Taxes were $5,497 in 2023
  • Possession: TBD

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W8145642
  • VANGUARD REALTY BROKERAGE CORP.

Extras

  • Carefree And Low Maintenance Mixed Use Commercial/Residential Investment Property. Prices Includes All Appliances, 1 Gas Meter & 3 Hydro Separated Meters, Electrical, 3 Fridges, 3 Stoves, 2 Washer And Dryer.
Room Floor Dimensions Details
Washroom3 3-Piece Bathrooms
Washroom1 2-Piece Bathroom

Who lives here?

Rockcliffe-Smythe, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Spanish, Portuguese and Vietnamese speakers. Residents tend to be younger with a significant number of babies, youth aged 15 to 24 and adults aged 35 to 64.

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

53% of residents are
single and loving it.

53% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

50% of residents
are renters.

50% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

22% of residents are
university grads.

22% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$83K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 19%
Trades 13%
Business 8%
Government 7%
Manufacturing 5%

Immigrants

50% of residents were
born outside of Canada.

50% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Caribbean was once home to 6.5% of immigrants.
Portugal 6.3%
Vietnam 5.0%
Philippines 4.6%
Jamaica 3.2%

6.5% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.9% of immigrants.
Vietnam 0.4%
Brazil 0.3%
Pakistan 0.3%
Mexico 0.3%

0.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Spanish 11%
Portuguese 10%
Vietnamese 6%
Tagalog 2%
Somali 2%

Religions

Religions

Christian 66%
Buddhist 7%
Hindu 4%
Muslim 3%
Sikh 1%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)