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1415 E Gerrard Street E Toronto, Ontario M4L 1Z5

11 Bedroom 8 Bathroom 8075 sqft
Central Air Conditioning

$4,295,000

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:48469)

Property Details

MLS® Number 40817959
Property Type Multi-family
AmenitiesNearBy Public Transit
CommunityFeatures School Bus
Features Paved Driveway
ParkingSpaceTotal 3

Building

BathroomTotal 8
BedroomsTotal 11
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Metal
FoundationType Poured Concrete
HeatingFuel Electric
StoriesTotal 3
SizeInterior 8075 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 11490 Ft
SizeFrontage 18 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Cr2(c1;r2*1573)

https://www.realtor.ca/real-estate/29572488/1415-e-gerrard-street-e-toronto

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