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$ 2,799,999
Est. payment /mo
New
1279-1281 Gerrard ST E Toronto E01, ON M4L 1Y5
5 Beds
9 Baths
UPDATED:
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
Lot Depth 110.17
Lot Front 33.79
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
Listed by TFN REALTY INC.