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

 

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$3,300,000
Available - For Sale
Listing ID: C8391532
Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 beautifully renovated units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: Situated at a high-traffic corner, this property is just a 30-second walk to TTC transit, offering excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Don't miss this as-is, passive income opportunity!
Extras:   6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)
Price $3,300,000
Taxes: $7,022
Address: 294 Gerrard St East , Toronto, M5A 2G4, Ontario
Lot Size: 19.28 x 132.56 (Feet)
Directions/Cross Streets: Parliment St ; Gerrard St E
Rooms: 17
Bedrooms: 9
Bedrooms +: 4
Washrooms: 8
Kitchens: 6
Family Room: Y
Basement: Other
No. of Pieces Level
Washroom 1:  3
Property Type: Multiplex
Style: Other
Exterior: Other
Garage Type: None
(Parking/)Drive: Other
Drive Parking Spaces: 0
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

294 Gerrard St East , Toronto, M5A 2G4, 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: 19.28 x 132.56(Feet)
Approximate Age:
Tax: $7,022
Maintenance Fee: $0
Beds: 9+4
Baths: 8
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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