Premium Mixed Use Property With Diverse Rental Potential

Mixed-use investment opportunity on Victoria Park Avenue near St. Clair Avenue East in Scarborough. 1171-1175 Victoria Park Avenue sits on a 40 x 105 ft lot and comprises three street-level commercial units at 1171, 1173 and 1175, plus four residential apartments at 1171A. All seven units are separately metered for hydro, with tenants paying their own consumption, helping limit the owner’s utility expenses. Arterial-road exposure with a mix of retail, restaurant and residential tenancies provides a diversified rental income stream. An opportunity for investors seeking an income-producing property for long-term hold.