Home > All listings > 256 Gerrard St E

$2,188,000

256 Gerrard St E

Cabbagetown-South St. James Town, Toronto, Ontario, M5A 2G2

9 | 5 | 2 | 0 sq.ft. |

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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!

Property Info

MLS®: C8391514

Listing Courtesy of CITIBLOC REALTY

Total Bedrooms 9

Total Bathrooms 5

Floor Space 0 sq.ft.

Lot Size 2309 sq.ft.

Style Other

Last Updated 2024-05-31

Property Type Multiplex

Listed Price $2,188,000

Unit Pricing $2,188,000/sq.ft.

Strata Fee $

Tax Estimate $7,536/Year

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Sold History

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C8391514 X XXX X, XXXX XXXXX $XXXXXXX

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C6173836 X XXX X, XXXX XXXXX $XXXXXXX

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C6013285 X XXX X, XXXX XXXXX $XXXXXXX

C5955711 X XXX X, XXXX XXXXX $XXXXXXX

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C5505603 X XXX X, XXXX XXXXX $XXXXXXX

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C5505782 X XXX X, XXXX XXXXX $XXXXXXX

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