294 Gerrard St E

294 Gerrard St E
294 Gerrard St E
294 Gerrard St E
+36
13
 bed
8
 bath
4
 parking
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$3,300,000
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Size
-
Lot size
237.46 sqm
Street frontage
E
Possession
TBA
Price per sqm
-
Taxes
$7,022 (2023)
Parking Type
-
Style
Other
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Description
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: 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)
Broker: CITIBLOC REALTY
MLS®#: C8391532
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
-
Lot front:
5.79 M
Lot depth:
40.54 M
Listed on:
May 30, 2024
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Mariya Lopez Torres
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: C8391532
Listed by CITIBLOC REALTY

About 294 Gerrard St E

Located at 294 Gerrard St E, this Toronto multiplex is available for sale. It has been listed at $3300000 since May 2024. This multiplex has 13 beds and 8 bathrooms. Situated in Toronto's Cabbagetown neighbourhood, Regent Park, Moss Park, St. James Town and Church St. Corridor are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

For those residents of 294 Gerrard St E, Toronto without a car, you can get around rather easily. The closest transit stop is a BusStop (PARLIAMENT ST AT GERRARD ST EAST) and is only steps away, but there is also a Subway stop, CASTLE FRANK STATION - WESTBOUND PLATFORM, only a 12 minute walk connecting you to the TTC. It also has (Bus) route 365 Parliament Night Bus, and (Bus) route 65 Parliament nearby. Access to Don Valley Parkway from 294 Gerrard St E is only a 2-minute drive, making it easy for those driving to get into and out of the city