Address
259 Gerrard St E Toronto, ON
Price
$ 3,120,000
Property Attributes
  • MLS#C5404026
  • TypeCommercial
  • CityToronto
  • AreaCabbagetown-South St. James Town
  • NeighbourhoodToronto C08
  • Postal CodeM5A 2G1
  • StyleApts-6 To 12 Units
  • Taxes$ 11358
  • Price$ 3,120,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE
Data Source:
Canada - Toronto Real Estate Board (TRREB)
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.

Price History
10/16/2021 Listed $3,120,000

General Features

ApproxAge 0-5
Area Toronto
Basement Yes
Category Apartment
Community Cabbagetown-South St. James Town
Elevator None
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
Heater Type Gas Forced Air Closd
Insurance Expense 2240
Legal Description Part Of Lots 39, 40, In Block A, Plan D138, Design
Lot Depth 132.00
Maintenance 1200.00
Municipality Toronto
Property Sub Type Investment
Sprinklers No
Status A
Tax Year 2021
Taxes 11358.73
Utilities Yes
Water Municipal
Zoning Residential

Interior Features

A/C Yes

Exterior Features

Freestanding No
Garage Type Outside/Surface
Sewers Sanitary

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M5A 2G1

Price
AVG $1.04M
$3.12M
Taxes
AVG $16,529
$11,358
Visits
AVG 12
13