$1,299,000
FOR SALE

Commercial/Retail

Lot: 15.33 x 92.29 ftTotal Area: 1,742 ft2
2023 Taxes: $14,184

1918 Gerrard St E
Toronto, ON M4L 2C1 | Woodbine Corridor

Fully reno'd 2 storey mixed-use property. Vacant possession of main floor retail unit or an excellent investment opportunity producing close to a 6% cap rate based on Net income. Located in a vibrant neighbourhood retail node in the upper beaches.Configured as 3 beautiful residential units and 1 commercial storefront unit all occupied by stable tenants. Second floor tenant is month to month with possibility of vacant possession. Parking for 2 cars off the lane in rear.
Extras
Extensive recent renovations throughout including basement underpinning, electrical, plumbing, kitchens and baths.
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Listed By BOSLEY REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9390264
Last Updated Oct 09, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Business/Building Name Retail unit plus 3 apartments.
Category Multi-Use
Legal Description PT LT 37 PL 459E TORONTO AS IN CT328596; EXCEPT TH
Occupancy Tenant
Possession Date 30 days/tba
Taxes (2023) $14,184
Tax Type Annual
Directions/Cross Streets Gerrard & Woodbine
Neighbourhood Woodbine Corridor
Area Toronto
Price History

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Detailed Information
Freestanding N
Lot 15.33 x 92.29 ft
Retail Area 265 ft2
Office/Apt Area 1,477 ft2
Total Area 1,742 ft2
Elevator None
Air Conditioning Y
Basement Y
Garage Type None
Parking Spaces 2
Heat Type Gas Hot Water
Net Income Before Debt $75,092
Year Expenses $2,023
Expenses Actual/Estimated Act
Outside Storage Y
Area Influences Public Transit
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Commerical
Seller Property Info Statement N

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