$XXX,XXX
Status: OFF MARKET
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.
Price | :$2,199,900 |
Property Taxes | :$6910.56 |
Tax Year | :2022 |
Cross Street | :Sherbourne & Gerrard St E |
Fireplace/Stove | :Yes |
Virtual Tour | :Virtual Tour (External Link) |
13 Apr, 2023
TREB #C6013285
Available
$2199900.0
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256 Gerrard St E is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 256 Gerrard St E with a highly strategic location at the M5A 2G2 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
256 Gerrard St E offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the C6173836 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 6910.56 and an attractive 2,199,900 while getting several vibrant Moss Park benefits at the same time.
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You can check out several attractive $11,000 available on the 2,199,900 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $11,000 and other attractive incentives for buying this Commercial in Ontario and at M5A 2G2. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This C6173836 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
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