2,776 ft2
Forced Air
$2,188,000
Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify). Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity! **** EXTRAS **** 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (id:31697)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
C8391530 |
|
Property Type
|
Multi-family |
|
Community Name
|
Cabbagetown-South St. James Town |
|
Parking Space Total
|
2 |
Building
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,776 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
132 Ft |
|
Size Frontage
|
17 Ft ,5 In |
|
Size Irregular
|
17.49 X 132 Ft |
|
Size Total Text
|
17.49 X 132 Ft |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/26970228/256-gerrard-street-e-toronto-cabbagetown-south-st-james-town-cabbagetown-south-st-james-town
