Wonderful investment opportunity mixed use building commercial/residential with great exposure on St. Clear Ave West. Two upgraded units and full basement in very good condition. Flexible zoning with many uses allowed for professional office and/or retail. Previously the entire property was used as a dental clinic. Second floor residential unit includes full bathroom and a kitchen and can be easily reconverted into a 2 bedroom + den. Potential to extend the building at the back and almost double its size. Create another unit or more office space. Ideal set up to live upstairs and work downstairs or rent both units. The commercial tenant can pay some of the taxes, maintenance and insurance to reduce costs and make it even a better investment. Seller can give a mortgage at a reasonable interest rate. Streetcar stop in front of the building going into the subway, easy and fast access to downtown, near by public parking close to shopping, restaurants, schools and park
2 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $580 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this commercial fits your budget and timing.
Inside 1261 St.Clair Ave W
Every detail from the listing, in one place.
Type
Commercial
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Basement
Finished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Finished
Lot & land
Lot size (sqft)
1302.43
Listing & possession
Property style
2-Storey
Property class
Store W Apt/Office
1261 St.Clair Ave W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13824926$870,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1261 St.Clair Ave W Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 1261 St.Clair Ave W. Typical times without traffic delays; transit times aren't available yet.
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Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $870K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings12,234Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1261 St.Clair Ave W is listed at $870,000 (MLS® W13824926). Summitly updates the price as soon as the MLS® record changes.
Is $870,000 a good price for 1261 St.Clair Ave W?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1261 St.Clair Ave W changed?
No — 1261 St.Clair Ave W is still listed at its original asking price of $870,000.
How many bedrooms and bathrooms does 1261 St.Clair Ave W have?
1261 St.Clair Ave W has 2 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a commercial property in Toronto.
Is 1261 St.Clair Ave W close to transit?
The nearest rapid-transit station is Lawrence West Station (Line 1), about 1.2 km (about a 14-minute walk) in a straight line. Glencairn Station is about 1.3 km (about a 16-minute walk), and Yorkdale Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1261 St.Clair Ave W compare with other homes in Toronto?
Its asking price of $870,000 is about 4% above the median sold price in Toronto over the last 90 days, $840,000, across 9,290 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1261 St.Clair Ave W been sold before?
Summitly has no earlier MLS® sale or lease of 1261 St.Clair Ave W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1261 St.Clair Ave W?
1261 St.Clair Ave W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1261 St.Clair Ave W been on the market?
47 days — 1261 St.Clair Ave W was listed on September 23, 2026.
What is the price per square foot of 1261 St.Clair Ave W?
About $435 to $580 per square foot: the asking price of $870,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 1261 St.Clair Ave W have a basement, and is it finished?
The listing describes the basement as: Finished.
What is the land transfer tax on 1261 St.Clair Ave W?
About $27,750 at the asking price of $870,000: $13,875 Ontario land transfer tax plus $13,875 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
