256 Gerrard St E
Moss Park, Downtown Toronto, M5A 2G2
FOR SALE
$2,199,900
Expired
$0
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8 + 3
BEDROOMS5
BATHROOMS3 + 1
KITCHENS13 + 6
ROOMSC6173856
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-19 | 2023-08-31 | 73 | $2,199,900 | - | Expired |
| 2023-03-09 | 2023-06-21 | 104 | $2,199,900 | - | Terminated |
| 2022-02-17 | 2022-06-15 | 120 | $2,599,900 | - | Expired |
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Property Description
Four Dwelling Units, Fully Tenanted, $110K Net Income, 5% Cap Rate W/ Massive Upside In Increasing Rents To Market. Laneway Suite Potential At Rear W/ Ability To Add 4 New Units Making This An 8-Plex. Traditional Cabbagetown. Extraordinarily Well-Maintained. Over 700K Spent On Renovations Since Owned. Main Lvl 3 Beds, 2nd Lvl 4 Beds, 3rd Lvl 1 Bedroom & Balcony, Basement 3 Beds. Rear Access Through Laneway For Dual Vehicle Parking. All Units Equipped With Hydronic High-Efficiency Heated Floors. Fantastic Tenants. Windows 2018, Plumbing 2008, Flat Roof 2016.
Extras
All Existing Appliances Including; 4 Fridges, 4 Stoves, 4 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tank Rental. All Elfs & Window Coverings.
Nearby Intersections
Dundas & Parliament (17)
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Property Details
Street
Community
City
Property Type
Fourplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
15' x 133'
Fronting
North
Taxes
$6,911 (2022)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
None
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