1415 Gerrard Street E, Toronto, ON M4L 1Z5
1415 Gerrard Street E, Toronto, ON M4L 1Z5
1415 Gerrard Street E, Toronto, ON M4L 1Z5
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$4,195,900
Est. payment /mo
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11 Beds
8 Baths
6,545 SqFt
Price Dropped by $99K

1415 Gerrard Street E Toronto, ON M4L 1Z5

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James Benson

James Benson

+1(647) 494-3143

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,545 sqft

Price per Sqft $641

MLS Listing ID 40817959

Bedrooms 11

Abv Grd Liv Area 8,075

Annual Tax Amount $1,330,000

Property Sub-Type Multi-6-9 Unit

Source Cornerstone

Property Description

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. Contact us today for the full listing package! The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers.

Location

Province ON

County Toronto

Area Te01 - Toronto East

Zoning CR2(c1;r2*1573)

Direction Gerrard St E & Hiawatha Rd

Rooms

Basement Full, Partially Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Electric

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Asphalt

Roof Type Flat

Lot Frontage 17.53

Lot Depth 11490.0

Garage No

Building

Lot Description Rectangular, Business Centre, City Lot, Public Parking, Public Transit, School Bus Route, Subways

Faces Gerrard St E & Hiawatha Rd

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Aluminum Siding,Metal/Steel Siding

New Construction No

Others

Senior Community false

Tax ID 210380605

Ownership Freehold/None

Listed by Realty Network

NEIGHBORHOODS

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James Benson

James Benson

Broker | License ID: 9533313

+1(647) 494-3143

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1415 Gerrard Street E