1279-1281 Gerrard ST E new

Toronto E01,ON M4L 1Y5

$ 2799999

5 Beds

9 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Greenwood-Coxwell

MLS Listing ID E12270469

Style 3-Storey

Bedrooms 5

Annual Tax Amount $19,405

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

Over $230K in Annual Income! Rare 9-Unit Investment Opportunity in Downtown Toronto Exceptional opportunity to acquire two fully renovated, side-by-side properties on separate legal titles, offering a total of 9 units7 residential apartments and 2 commercial spaces in a vibrant and high-demand Toronto neighborhood. All units have been tastefully renovated from top to bottom and are tenanted with strong rental income in place. Located in the heart of the Greenwood-Coxwell area, known for its walkability, excellent transit access, and dynamic urban lifestyle. This thriving community is surrounded by shops, trendy cafes, and great restaurants, making it a hotspot for tenants and investors alike. A rare turnkey asset with immediate income and long-term appreciation potential in a downtown location.

Location

Province ON

County Toronto

Community Greenwood-Coxwell

Area Toronto

Rooms

Family Room No

Kitchen 8

Interior

Cooling Wall Unit(s)

Exterior

Exterior Feature Deck

Parking Features Lane

Pool None

Roof Type Flat

Building

Foundation Concrete Block

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