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)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | C5404026 |
Property Type | Multi-family |
Community Name | Cabbagetown-South St. James Town |
Cooling Type | Fully Air Conditioned |
Size Interior | 5300 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Irregular | 20.67 X 132 Ft |
Size Total Text | 20.67 X 132 Ft |
https://www.realtor.ca/real-estate/23740522/259-gerrard-st-e-toronto-cabbagetown-south-st-james-town
Michael Arkhypkin
Salesperson
(416) 739-7200
(416) 739-9367
www.suttongroupadmiral.com/