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259 Gerrard St E Toronto, Ontario M5A 2G1

5 Bedroom 6 Bathroom
Wall Unit Forced Air

$3,120,000

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.**** 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, 2 Parking Spots. 3 Hot Water Tanks (Owned). Bsmt Unit With Radiant Heating. Ceilings 9'-10'-10'-9' (id:48277)

Property Details

MLS® Number C5445375
Property Type Single Family
Community Name Cabbagetown-South St. James Town
Parking Space Total 2

Building

Bathroom Total 6
Bedrooms Above Ground 5
Bedrooms Total 5
Basement Development Finished
Basement Features Walk Out
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type Wall Unit
Exterior Finish Aluminum Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Row / Townhouse

Land

Acreage No
Size Irregular 20.67 X 132 Ft
Size Total Text 20.67 X 132 Ft

https://www.realtor.ca/real-estate/23865016/259-gerrard-st-e-toronto-cabbagetown-south-st-james-town

Michael Arkhypkin
Salesperson

(416) 317-1308

Sutton Group-Admiral Realty Inc.
1881 Steeles Ave. W.
Toronto, Ontario M3H 5Y4

(416) 739-7200
(416) 739-9367
www.suttongroupadmiral.com/

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