1415 E GERRARD Street E, Toronto, Ontario, M4L1Z5
MLS: 40817959 | Multi-family
$4,295,000
Property Description
Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. Contact us today for the full listing package! The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 11
- Bathrooms: 8
- Living Area: 8,075 sq ft (750.2 m²)
- Above Grade: 6,545 sq ft (608.1 m²)
- Below Grade: 1,530 sq ft (142.1 m²)
- Ownership: Freehold
- Parking: 3.0 spaces
- Frontage: 18 ft (5.5 m)
Costs
- Annual Taxes: $1,330,000.00
Listing Provided by: Realty Network
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Electric
- Cooling: Central air conditioning
- Basement: Partially finished, Full
Exterior & Construction
- Exterior: Aluminum siding, Metal
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 18 ft (5.5 m)
- Features: Paved driveway
- Zoning: CR2(c1;r2*1573)
Community & Neighbourhood
- Community: School Bus
- Subdivision: TEGC - Greenwood-Coxwell
Listing Information
Listing History
MLS listing activity for 1415 E GERRARD Street E, Toronto, Ontario, M4L1Z5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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B - 57 HARRIET STREET, Toronto (South Riverdale)
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C - 55 HARRIET STREET, Toronto (South Riverdale)
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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1415 E GERRARD Street E, Toronto, Ontario, M4L1Z5