Property Description
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!
Features
: Y
Outside/Surface
4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.
Address Map
Gerrard
Canada
Ontario
Toronto
Toronto
M5A 2G2
256
St
: E
01.C08.0930
Property Details
Utilities
: Gas Forced Air Closd
: N
C$0
256 Gerrard St, Toronto, Ontario M5A 2G2
For Sale Investment
C$2188000
Listing ID #C8391530
Basic Details
Listing ID : C8391530
Property Type : Investment
Price : C$2188000
Tax Year :
Days On Market : 2
Taxes : C$7536