1659 Gerrard St E

Toronto E02 | Woodbine Corridor | M4L 2A9
  • 6 + 2
  • 8
  • 0

$1

Est. Mtg $0 /mo
  • Days on market

    109

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

E8469026

Property type:
Detached
Style:
2-Storey
Taxes:
$6,003
Possession:
TBA
Lot Front:
25.0   Feet
Lot Depth:
110.0   Feet
Basement:
Part Fin | Sep Entrance
Driveway Pkg:
4
Heat:
Gas | Water

Description


1659 Gerrard St E, , Toronto, Ontario is a Detached property in Toronto E02 and in the Woodbine Corridor community in the M4L 2A9 postal code


Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence..

Extras

8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT, 7 exhaust fan, Boiler Rental , some basic furnishing of unit 5.


History

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List Date End Date List Price End Price Status MLS #
2019-05 2019-06 $2,499,000 $2,499,000 Ter E4463084
2021-04 2021-04 $1,890,000 $1,890,000 Ter E5188260
2021-05 2021-07 $1,999,998 $1,999,998 Exp E5234857
2021-06 2021-08 $1,350 $1,350 Exp E5283291
2022-03 2023-06 $1,350 $1,200 Ter E5534448
2022-04 2022-05 $1,300 $1,300 Lsd E5569481
2023-02 2023-03 $1,625 $1,600 Lsd E5913177
2023-05 2023-07 $1,695 $1,450 Lsd E6063796
2024-04 2024-05 $1,835 $1,900 Lsd E8259842
2024-04 2024-06 $1,575 $1,500 Exp E8260134
2024-06 2024-06 $1 $1 New E8469026
2023-09 $1,999,999 $1,999,999 E6205588
2019-06 $2,499,000 $2,499,000 E4463810

Comparables

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sold Date Address List Price sold Price DOM
2019-12 66 Edgewood Ave, $2,200,000 $2,040,000 55

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Toronto E02 :

Properties sold

11

Average sale price

$2,015,715

New Listings

17

Year on Year Growth

-4.77%

Municipality activity All Property Types

Sale activity

Toronto E02 :

Average sale price

$1,365,495

Properties sold

72

New Listings

112

Days on Market

9

Sale $ / List $

111%

Year on Year Growth

-5.56%


Sale Chart - Detached

Toronto E02 Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 1659 Gerrard St E

Based on available 3rd party data

$635

Approximate costs per month

Mortgage
$0 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$500 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Beach
  • Hospital
  • Park
  • Public Transit
  • School
Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$500 monthly. In association with: TD Bank
%
  • Principal and Interest
    0 /mo
  • Property Taxes
    $500 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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