Header

 

logo

header

$2,188,000
Available - For Sale
Listing ID: C8391530
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!
Extras:   4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.
Price $2,188,000
Taxes: $7,536
Tax Type: Annual
Occupancy by: Tenant
Address: 256 Gerrard St East , Toronto, M5A 2G2, Ontario
Postal Code: M5A 2G2
Province/State: Ontario
Legal Description: PT LT 3 BLK C PL D138 TORONTO AS IN CA45
Lot Size: 17.49 x 132 (Feet)
Directions/Cross Streets: Sherbourne St & Gerrard St E
Zoning: Commercial
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2,776
Total Area Code:  Sq Ft
Approximatly Age: 31-50
Gross Income/Sales: $144960
Operating Expenses: $42625
Net Income Before Debt: $112000
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
INTERNATIONAL REALTY FIRM, INC.

256 Gerrard St East , Toronto, M5A 2G2, Ontario


 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Cabbagetown-South St. James Town
Style:
Lot Size: 17.49 x 132.00(Feet)
Approximate Age: 31-50
Tax: $7,536
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->