$629,900
211 St Clair STREET
Beds
—
Baths
—
Sqft
—
Year
2009
About this home
This well-maintained professional building at 211 St. Clair Street presents an outstanding opportunity for a medical clinic or healthcare-related practice. Constructed in 2009, the property was thoughtfully designed for medical use and offers a highly functional layout. The main floor features seven private treatment rooms equipped with sinks, along with three additional rooms suitable for offices or consultation space. A spacious reception area welcomes clients and includes a convenient two-piece washroom, complemented by a large clerical/administrative workspace to support daily operations. Staff will appreciate the dedicated lunchroom and additional two-piece washroom. In total, the building offers four two-piece washrooms—three on the main level and one in the lower level. The fully accessible lower level includes a separate entrance, making it ideal for additional rental income or a complementary business. Previously utilized as a retail uniform outlet, this space adds flexibility and revenue potential. Ample on-site parking for approximately 15 vehicles ensures ease of access for both staff and clients. A rare turnkey opportunity for medical, professional, or multi-tenant use in a desirable location. (id:65958)
- Subtype
- Industrial
- MLS#
- 26008075
- Area
- CHATHAM
Cash on cash
-11.96%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,471
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.