256 Gerrard Street East, Toronto
Home for Sale

$2,188,000
List Price
N/A
Square Feet
9 bed + den
5 bath

MLS#: C8391514

About this Listing

Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify)! Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity!

4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.

Broker: Citibloc Realty

Listing Details

$7,536
Taxes

17.49x132
Lot Size

Other
Basement

Rooms

No room data available.

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Amy
Travis
Nicholas
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