Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 beautifully renovated units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: Situated at a high-traffic corner, this property is just a 30-second walk to TTC transit, offering excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Don't miss this as-is, passive income opportunity!
6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)
City: Toronto
Neighborhood: Cabbagetown-South St. James Town
Located at 294 Gerrard St E , this Toronto house was listed for $3,300,000. This house's size is 19.28 x 132.56 Feet. It has 9 bedrooms and 8 bathrooms. The property includes the following rooms: . 294 Gerrard St E, Toronto is situated in the Cabbagetown-South St. James Town neighbourhood.
MLS#: C8391532 · $3,300,000 · 9 bedroom house in Cabbagetown-South St. James Town, Toronto