LOADING

259 Gerrard St E Toronto, Ontario M5A 2G1

5300 sqft
Fully Air Conditioned

$3,120,000

Unique Investment Opportunity In Downtown Toronto, Newly Build From Scratch 3 Story Apartment Townhome, 5 Independent Units + Office Space, Totaling About 5300Sq.F, Great Cash Flow With Minimum Effort. 2 Legal Parking Spots. All Units Are Occupied Except One(For Showing). All Tenants Pay For Gas And Hydro. Building Has Central Fire/Smoke Alarm. Every Unit Has Forced Air Heating & A/C. Every Unit With Own Washer & Dryer.Great Investment For You To Take Over.**** EXTRAS **** Gross Rent- 142'680, Net- 125'481. S/S Fridge-5, S/S Gas & El Stoves-5, Microwave/Hood-5, Washer-5, Dryer-5. Kitchen Islands. Window Blinds, 2 Parking Spots. 3 Hot Water Tanks(Owned).Bsmt Unit With Radiant Heating. Ceilings 9'-10'-10'-9' (id:31461)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number C5404026
Property Type Multi-family
Community Name Cabbagetown-South St. James Town

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Size Interior 5300 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 20.67 X 132 Ft
Size Total Text 20.67 X 132 Ft

https://www.realtor.ca/real-estate/23740522/259-gerrard-st-e-toronto-cabbagetown-south-st-james-town

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