Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X12901784

3 Claremont Drive, Manor Park - Cardinal Glen and Area, ON K1K 4J6

Manor Park - Cardinal Glen and Area, ON K1K 4J6

$3,595,000 Est. $15,269/mo · 20% down, 25-yr, 4.09%
110 × 50 ftLot
InvestmentType

About this property

Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome.

Property Summary

Property TypeInvestment
Community Name3102 - Manor Park
Land Size109.5 x 49.96 ft
Age of Building16-30
Annual Property Taxes$29,874.00
Tax Year2025
Parking TypeOther Garage

Building details

Bathrooms / washrooms0
Property typeInvestment
Approximate age16-30

Lot & land

Lot dimensions110 × 50 ft
Lot frontage110 ft
Lot depth50 ft

Building Features

StyleInvestment
Fire ProtectionYes

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Open

Parking

Parking TypeOther Garage

Taxes & fees

Annual taxes$29,874 (2025)

Listing history

On market sinceMar 19, 2026
Listed by LPT REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
3 Claremont Drive, Manor Park – Cardinal Glen and Area, ON K1K 4J6