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$1,199,000
Available - For Sale
Listing ID: E9390264
Fully reno'd 2 storey mixed-use property. Vacant possession of main floor retail unit or an excellent investment opportunity producing Over a 6% cap rate based on Net income. Located in a vibrant neighbourhood retail node in the upper beaches.Configured as 3 beautiful residential units and 1 commercial storefront unit all occupied by stable tenants. Second floor tenant is month to month with possibility of vacant possession. Parking for 2 cars off the lane in rear.
Extras:   Extensive recent renovations throughout including basement underpinning, electrical, plumbing, kitchens and baths.
Price $1,199,000
Taxes: $14,184
Tax Type: Annual
Occupancy by: Tenant
Address: 1918 Gerrard St East , Toronto, M4L 2C1, Ontario
Postal Code: M4L 2C1
Province/State: Ontario
Legal Description: PT LT 37 PL 459E TORONTO AS IN CT328596;
Lot Size: 15.33 x 92.29 (Feet)
Directions/Cross Streets: Gerrard & Woodbine
Zoning: Commerical
Category: Multi-Use
Building Percentage: N
Total Area: 1,742
Total Area Code:  Sq Ft
Office/Appartment Area: 1477
Office/Appartment Area Code: Sq Ft
Retail Area: 265
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Business/Building Name: Retail unit plus 3 apartments.
Net Income Before Debt: $75092
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Sprinklers: N
Outside Storage: Y
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BOSLEY REAL ESTATE LTD.

1918 Gerrard St East , Toronto, M4L 2C1, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Toronto
Municipality: Toronto
Neighbourhood: Woodbine Corridor
Style:
Lot Size: 15.33 x 92.29(Feet)
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Tax: $14,184
Maintenance Fee: $0
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