$3,300,000
294 Gerrard St E
Cabbagetown-South St. James Town, Toronto, Ontario, M5A 2G4
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Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity!
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