261 Gerrard St E

Toronto C08 | Cabbagetown-South St. James Town | M5A 2G1
  • 3387.0 sqft
  • 0 gar

$2,488,000

Est. Mtg $8,436 /mo
  • Days on market

    118

  • Status

    A

Listing Broker ROYAL LEPAGE ESTATE REALTY
Since listed: 3 views

Home details

MLS #:

C8422740

Property type:
Commercial/Retail
Style:
Taxes:
$4,855
Possession:
Negotiable
Condo Fee:
Lot Size:
19.69 X 128.9
Zoning:
Multi-Use (2 Commercial / 2 residential)
Use:
Heat:
Gas Forced Air Closd

Description


261 Gerrard St E, , Toronto, Ontario is a Commercial/Retail property in Toronto C08 and in the Cabbagetown-South St. James Town community in the M5A 2G1 postal code


Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *5.6% Stabilized Cap Rate.*.

Extras

Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay..



Payment calculator

$8840 monthly. In association with: TD Bank
%
  • Principal and Interest
    8436 /mo
  • Property Taxes
    $404 /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

Luis Serrano, Realtor

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