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

 

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$2,188,000
Available - For Sale
Listing ID: C8391514
Investor Alert! Prime Downtown Investment (Motivated Seller)! This commercial-residential zoned property offers a 5.70% Cap Rate and is fully leased with income-producing units. Featuring 4 well-maintained units, this multi-family investment includes impressive rental income (Main = $3,800; 2nd = $4,400; Top = $1,800). Located in a prime downtown core with steps to amenities and transit, this property has lane access for 2-car parking and potential for additional rental income. Development potential to add 3 extra units (buyer to verify) and bonus opportunity for a 5th unit or laneway house (buyer to verify). Turnkey opportunity with capital appreciation potential. Perfect for multi-generational family living under one roof, and an excellent opportunity for investors seeking a high-yield, mixed-use property. Securing this property early ensures long-term passive income and more profit in coming years. Dont miss this as-is handyman special!
Extras:   4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.
Price $2,188,000
Taxes: $7,536
Address: 256 Gerrard St East , Toronto, M5A 2G2, Ontario
Lot Size: 17.49 x 132 (Feet)
Directions/Cross Streets: Sherbourne St & Gerrard St E
Rooms: 11
Bedrooms: 9
Bedrooms +: 2
Washrooms: 5
Kitchens: 4
Family Room: Y
Basement: Other
No. of Pieces Level
Washroom 1:  1
Property Type: Multiplex
Style: Other
Exterior: Other
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 2
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Other
Water: Municipal
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INTERNATIONAL REALTY FIRM, INC. BROKERAGE

256 Gerrard St East , Toronto, M5A 2G2, Ontario

Personal Picture
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
Neighbourhood: Cabbagetown-South St. James Town
Style: Other
Lot Size: 17.49 x 132.00(Feet)
Approximate Age:
Tax: $7,536
Maintenance Fee: $0
Beds: 9+2
Baths: 5
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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