1415 GERRARD Street E, Toronto, Ontario, M4L1Z5
MLS: 40812208 | Other
$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: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 7,260 sq ft (674.5 m²)
- Ownership: Freehold
- Frontage: 18 ft (5.5 m)
Costs
- Annual Taxes: $20,361.16
Listing Provided by: Realty Network
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Full
- Utilities: Natural Gas, Electricity
Exterior & Construction
- Exterior: Stucco, Aluminum siding
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 18 ft (5.5 m)
- Features: Southern exposure, Visual exposure, Paved driveway
- Zoning: CR2 (cl;r2*1573)
Community & Neighbourhood
- Subdivision: TEGC - Greenwood-Coxwell
Listing Information
Listing History
MLS listing activity for 1415 GERRARD Street E, Toronto, Ontario, M4L1Z5 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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1415 GERRARD Street E, Toronto, Ontario, M4L1Z5