256 Gerrard St E

Toronto C08 | Cabbagetown-South St. James Town | M5A 2G2
  • 2776.0 sqft
  • 0 gar

$2,188,000

Est. Mtg $7,419 /mo
  • Days on market

    38

  • Status

    A

Listing Broker CITIBLOC REALTY
Since listed: 2 views

Home details

MLS #:

C8391530

Property type:
Investment
Style:
Taxes:
$7,536
Possession:
TBA
Condo Fee:
Lot Size:
17.49 X 132.0
Zoning:
Commercial
Use:
Apts-2 To 5 Units
Heat:
Gas Forced Air Closd

Description


256 Gerrard St E, , Toronto, Ontario is a Investment property in Toronto C08 and in the Cabbagetown-South St. James Town community in the M5A 2G2 postal code


Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify). Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity!.

Extras

4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental..



Payment calculator

$8047 monthly. In association with: TD Bank
%
  • Principal and Interest
    7419 /mo
  • Property Taxes
    $628 /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

Gunpreet Kochar, Realtor

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