13 Bedroom
2,551 ft2
Forced Air
$3,300,000
Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity! **** EXTRAS **** 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803) (id:31697)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
C8391534 |
|
Property Type
|
Multi-family |
|
Community Name
|
Cabbagetown-South St. James Town |
Building
|
Bedrooms Total
|
13 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,551 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
132 Ft ,6 In |
|
Size Frontage
|
19 Ft ,3 In |
|
Size Irregular
|
19.28 X 132.56 Ft |
|
Size Total Text
|
19.28 X 132.56 Ft |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/26970230/294-gerrard-street-e-toronto-cabbagetown-south-st-james-town-cabbagetown-south-st-james-town
