256 Gerrard St E, Toronto MLS Number: C6173836
Moss Park, Toronto, ON, M5A 2G2$2,199,900
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $6910.56 (Tax Year:2022)
- Listing Courtesy : Royal Lepage Your Community Realty
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$2,199,900
Status: OFF MARKET
Four Dwelling Units, Fully Tenanted, $110K Net Income, 5% Cap Rate W/ Massive Upside In Increasing Rents To Market. Laneway Suite Potential At Rear W/ Ability To Add 4 New Units Making This An 8-Plex. Traditional Cabbagetown. Extraordinarily Well-Maintained. Over 700K Spent On Renovations Since Owned. Main Lvl 3 Beds, 2nd Lvl 4 Beds, 3rd Lvl 1 Bedroom & Balcony, Basement 3 Beds. Rear Access Through Laneway For Dual Vehicle Parking. All Units Equipped With Hydronic High-Efficiency Heated Floors. Fantastic Tenants. Windows 2018, Plumbing 2008, Flat Roof 2016.
Price | : $2,199,900 |
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Property Taxes | :$6910.56 |
Tax Year | :2022 |
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Cross Street | :Sherbourne & Gerrard St E |
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Fireplace/Stove | :Yes |
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Virtual Tour | :Virtual Tour (External Link) |
13 Apr, 2023
TREB #C6013285
Available
$2199900.0
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