$3,300,000
FOR SALE

Multiplex

Bedrooms: 9+4Bathrooms: 8Lot: 19.25 x 132.5 ft

294 Gerrard Street E
Toronto (Cabbagetown-South St. James Town), ON M5A 2G4

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) (id:47421)
Share
Listed By INTERNATIONAL REALTY FIRM, INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8391532
Last Updated Sep 24, 2024
Property Summary
Property Type Multiplex

More like this:
Community Cabbagetown-South St. James Town
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 9+4
Bathrooms 8
Lot 19.25 x 132.5 ft
Listing Contract Date 2024-05-29
Location Description Parliment St ; Gerrard St E
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description Residential
Building
Heating Fuel Natural gas
Heating Type Forced air
Type Other
Utility Water Municipal water
Land
Total Size 19.28 x 132.56 FT
Size of Irregular Land 19.28 x 132.56 FT

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)