294 Gerrard St E

Toronto C08 | Cabbagetown-South St. James Town | M5A 2G4
  • 2551.0 sqft
  • 0 gar

$3,300,000

Est. Mtg $11,189 /mo
  • Days on market

    38

  • Status

    A

Listing Broker CITIBLOC REALTY
Since listed: 4 views

Home details

MLS #:

C8391534

Property type:
Investment
Style:
Taxes:
$7,022
Possession:
TBA
Condo Fee:
Lot Size:
19.28 X 132.56
Zoning:
Commercial
Use:
Apts-6 To 12 Units
Heat:
Gas Forced Air Closd

Description


294 Gerrard St E, , Toronto, Ontario is a Investment property in Toronto C08 and in the Cabbagetown-South St. James Town community in the M5A 2G4 postal code


Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity!.

Extras

6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803).



Payment calculator

$11774 monthly. In association with: TD Bank
%
  • Principal and Interest
    11189 /mo
  • Property Taxes
    $585 /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

Mimmo Galatti, Realtor

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