7,260 ft2
$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:47351)
Property Details
|
MLS® Number
|
40812208 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
|
Features
|
Southern Exposure, Visual Exposure, Paved Driveway |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Aluminum Siding, Stucco |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
3 |
|
Size Exterior
|
7260.0000 |
|
Size Interior
|
7,260 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Rail Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
115 Ft |
|
Size Frontage
|
18 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Cr2 (cl;r2*1573) |
Utilities
|
Electricity
|
Available |
|
Natural Gas
|
Available |
https://www.realtor.ca/real-estate/29479310/1415-gerrard-street-e-toronto