1415 E Gerrard Street E Toronto, Ontario M4L 1Z5
$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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