Toronto E01, ON M4L 1Y5,1279-1281 Gerrard ST E
Toronto E01, ON M4L 1Y5,1279-1281 Gerrard ST E
Toronto E01, ON M4L 1Y5,1279-1281 Gerrard ST E
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$2,799,999
Est. payment /mo
5 Beds
9 Baths
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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Greenwood-Coxwell

MLS Listing ID E12270469

Style 3-Storey

Bedrooms 5

Annual Tax Amount $19,405

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

Over $230K in Annual Income! Rare 9-Unit Investment Opportunity in Downtown Toronto Exceptional opportunity to acquire two fully renovated, side-by-side properties on separate legal titles, offering a total of 9 units7 residential apartments and 2 commercial spaces in a vibrant and high-demand Toronto neighborhood. All units have been tastefully renovated from top to bottom and are tenanted with strong rental income in place. Located in the heart of the Greenwood-Coxwell area, known for its walkability, excellent transit access, and dynamic urban lifestyle. This thriving community is surrounded by shops, trendy cafes, and great restaurants, making it a hotspot for tenants and investors alike. A rare turnkey asset with immediate income and long-term appreciation potential in a downtown location.

Location

Province ON

County Toronto

Community Greenwood-Coxwell

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 8

Interior

Interior Features Carpet Free

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Lane

Pool None

Roof Type Flat

Lot Frontage 33.79

Lot Depth 110.17

Total Parking Spaces 7

Building

Foundation Concrete Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector


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Listed by TFN REALTY INC.

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agent

Steve Nikiforos

+1(416) 854-2262

Agent | License ID: 4767722

Agent License ID: 4767722

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