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C5955711
$2,199,900

256 Gerrard St E (Sherbourne & Gerrard St E)

Price: $2,199,900

Status: For Sale 

MLS®#: C5955711

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$2,199,900
  • Tax: $6,910.56 (2022)
  • Community:Moss Park
  • City:Toronto
  • Type:Residential
  • Style:Semi-Detached (3-Storey)
  • Beds:8+3
  • Bath:5
  • Size:3500-5000 Sq Ft
  • Basement:Apartment

Features:

  • ExteriorBrick
  • HeatingWater, Gas
  • Sewer/Water SystemsSewers, Municipal

Listing Contracted With: ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

Description

Four Dwelling Units, Fully Tenanted, $110K Net Income, 5% Cap Rate With Massive Upside In Rents. Traditional Cabbagetown. Updated & Extraordinarily Well-Maintained. Main Level 3 Bedrooms, 2nd Level 4 Bedrooms, 3rd Level 1 Bedroom & Balcony, Basement 3 Bedrooms. Close Proximity To Shops, Eateries, And Public Transport. 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, No Survey Available.

Highlights

All Existing Appliances Including; 4 Fridges, 4 Stoves, 4 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tank Rental. All Elfs & Window Coverings.

Want to learn more about 256 Gerrard St E (Sherbourne & Gerrard St E)?

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’

Taline Sagharian

Sales Representative

Royal LePage Your Community Realty, Brokerage
Taline Sagharian

Taline Sagharian

Sales Representative

Royal LePage Your Community Realty, Brokerage

8854 Yonge St., Richmond Hill, ON, L4C 0T4

Taline@RoyalLePage.ca

(416) 522-8426

(905) 731-2000
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