Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents. (id:47421)
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Detailed Information
Bedrooms
9+5
Bathrooms
7
Lot
50 x 125.42 ft
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools
Listing Contract Date
2025-01-10
Location Description
Gerard St. and Greenwood Ave.
Ownership Type
Freehold
# of Parking Spaces
8
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R (d0.6*741)
Building
Appliances
Water Heater
Construction Style (Attachment)
Detached
Exterior Finish
Stucco
Foundation Type
Unknown
Heating Fuel
Electric
Heating Type
Baseboard heaters
Type
House
Utility Water
Municipal water
Utilities
Type
Description
Sewer
Installed
Land
Total Size
50.07 x 125.47 FT ; 50.07 ft x 125.47 ft x 50.07 ft x 125 ft
Amenities
Hospital, Park, Place of Worship, Public Transit, Schools
Sewer
Sanitary sewer
Size of Irregular Land
50.07 x 125.47 FT ; 50.07 ft x 125.47 ft x 50.07 ft x 125 ft
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