1700 Gerrard St E

Spacious Light Filled and Renovated Duplex. Open-Concept Dining And Living Rooms With Great Kitchen And A Private Fenced Yard With A Large Deck. Upstairs Has Large Bedroom And Separate Kitchen. Close To Queen Street, The Beaches, Parks, And Transit.

Rare opportunity to own a purpose-built triplex in the highly sought-after Humewood-Cedarvale neighbourhood! This turnkey, income-generating property features two spacious 2-bedroom units and one 1-bedroom unit, each with well-designed layouts, and abundant natural light. Both the main floor and upper unit boast private balconies, perfect for enjoying outdoor space, Main floor unit has exclusive access to the backyard. Enjoy ample parking with a mutual driveway, currently exclusive to the owner as they also own 327 Vaughan Rd. These properties can be purchased together or separately, offering incredible investment flexibility. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, this prime investment offers strong rental demand in a family-friendly area. Steps from Cedarvale Park, St. Clair West, shops, restaurants, transit (TTC & LRT), and more, making it ideal for both investors and end-users.This is your chance to build generational wealth with a solid multi-unit property in a high-appreciation Toronto neighbourhood. Endless potential don't miss out on this rare opportunity! See Attachment for operating expenses and rent rolls. Basement Tenant will be vacating as of April 30, 2025.

**Location**: The property is strategically located at the intersection of four sought-after residential areas in Toronto, which offers the benefits of each neighborhood in terms of culture, amenities, and atmosphere. **Structure and Layout**: The building is currently set up as a two-unit dwelling.This configuration could appeal to various types of occupants: A family looking for a spacious home. Young people interested in living in one unit while renting out the other to generate income & getting help with their mortgage payments or/and as a investment property. **Features of the Main Floor**: Living/Dining Room that serves as a harmonious combined space for both areas. Eat-in Kitchen: it opens to a lovely Sunroom and a Deck overlooking the backyard and providing good indoor-outdoor flow. **Basement**: The Basement contains 1 bedroom , a 4 pc Bathroom, a Sitting Room, Laundry facilities and a second Walk out to the lavish backyard. **Second Floor**: There's a combined Living & Dining area , high ceilings and a luminous Skylight. Dining Room continues with a well equipped Kitchen including the convenience of in-unit laundry (washer/dryer).The Kitchen continues with a full of light Sunroom overlooking the backyard.Third Floor offers 2 Bedrooms, one with a Walk Out to a deck facing the backyard. You are welcome to visit this great home!