259 Gerrard St E
For Sale
Not An Active Listing
5
BEDROOMS6
BATHROOMS5
KITCHENS10 + 5
ROOMSC5445375
MLSIDContact Us
Property Description
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.
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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'
Nearby Intersections
Dundas & Parliament (17)
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Property Details
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
21' x 132'
Fronting
South
Taxes
$11,359 (2021)
Basement
Fin W/O, Full
Exterior
Alum Siding, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Listing contracted with @{brokerage}
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