11 Bedroom
8 Bathroom
8,075 sqft
Central Air Conditioning
$4,295,000
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. (id:56248)
Property Details
|
MLS® Number
|
40817959 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
School Bus |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
8 |
|
Bedrooms Total
|
11 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Aluminum Siding, Metal |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric |
|
Stories Total
|
3 |
|
Size Interior
|
8,075 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
11490 Ft |
|
Size Frontage
|
18 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Cr2(c1;r2*1573) |
https://www.realtor.ca/real-estate/29572488/1415-e-gerrard-street-e-toronto