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$ 2,799,999
Est. payment /mo
Active
1279-1281 Gerrard ST E Toronto E01, ON M4L 1Y5
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Greenwood-Coxwell
MLS Listing ID E12271150
Annual Tax Amount $19,405
Tax Year 2024
Property Sub-Type Investment
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
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 33.79
Lot Depth 110.17
Others
ParcelsYN No
Listed by TFN REALTY INC.