Active
256 E Gerrard St, Toronto, Ontario M5A 2G2
Overview
Property ID: C8391514
- Residential, Multi Family
- 9
- 5
Description
Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify)! Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don’t miss out on this as-is opportunity!
Address
Open on Google Maps- Address 256 E Gerrard St
- City Toronto
- State/county Ontario
- Zip/Postal Code M5A 2G2
- Area Cabbagetown-South St. James Town
Details
Updated on May 31, 2024 at 10:17 am- Property ID: C8391514
- Price: $2,188,000
- Bedrooms: 9
- Rooms: 11
- Bathrooms: 5
- Garage Size: x x
- Property Type: Residential, Multi Family
- Property Status: Active
- MLS#: C8391514
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