256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)
  • 256 GERRARD STREET E Toronto (Cabbagetown-South St. James Town)

256 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town), Ontario

$2,188,000

  • 2,776 Square Feet

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! **** EXTRAS **** 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (id:56241)

  • Listing ID: C8391530
  • Property Type: Multi-family
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Details

  • Parking Spaces: 2
  • Transaction: For sale
  • Zoning Description: Commercial

Building

  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2776 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 17 ft ,5 in
  • Size Irregular: 17.49 x 132 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 256 GERRARD STREET E in Toronto (Cabbagetown-South St. James Town) Ontario, was last modified on September 5th, 2024. Contact us to schedule a viewing or to find other properties for sale in Toronto (Cabbagetown-South St. James Town).

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