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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$5,795,000
Available - For Sale
Listing ID: E12103997
This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2031, you've got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2031. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.
Price $5,795,000
Taxes: $23,858.16
Occupancy by: Tenant
Address: 1395 Gerrard Stre East , Toronto, M4L 1Z3, Toronto
Directions/Cross Streets: Gerrard St E & Greenwood
Rooms: 37
Bedrooms: 11
Bedrooms +: 0
Washrooms: 12
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  2 Third
Washroom 4:  4 Third
Washroom 5:  0
Property Type: Multiplex
Style: Other
Exterior: Brick
Garage Type: None
(Parking/)Drive: Other
Drive Parking Spaces: 7
Park #1
Parking Type: Other
Park #2
Parking Type: Other
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ADVANTAGE REALTY

1395 Gerrard Stre East , Toronto, M4L 1Z3, Toronto

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Greenwood-Coxwell
Style: Other
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $23,858.16
Maintenance Fee: $0
Beds: 11
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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