259 Gerrard St E

Toronto, M5A2G1
UNAVAILABLE
259 Gerrard St E, Toronto
Apartment
CATEGORY
5,300 Sq Ft
TOTAL AREA
C5404026
MLSID
Contact Us
Property Description
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'
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
Residential
Total Area
5,300 Sq Ft
Office/Apartment Area
1,400 Sq Ft
Lot Size
21' x 132'
Taxes
$11,359 (2021)
Air Conditioning
Yes
Listing contracted with Sutton Group-Admiral Realty Inc., Brokerage
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