294 Gerrard St E

Investment | 0   | 0    | 0 sqft

$3,500,000

Cabbagetown-South St. James Town,Toronto,Ontario, M5A 2G4

294 Gerrard St E, Toronto Investment Photos

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Property Info
MLS®: C8239408
Style of House: other
Bedrooms: 0
Bathrooms: 0
Last Updated: 2024-04-18
List Price: $3,500,000
Strata Fee: $0.00
Floor Area: 0 sq. ft
Unit Price: $3,500,000/sq. ft
Lot Size: 2555.76
Basement: Y
Built Year: 51-99
Tax Amount $7,022/Year
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Description

Fully Renovated 6-Unit Commercial Property! This meticulously renovated corner property boasts 6 income-generating units, including 2 beautiful 2-bedroom apartments. All units feature new decks, kitchens, furnaces, and plumbing with 200 amp service. Updates include an 8-year-old roof and a 9-year-old boiler system.Excellent Location & Development Potential: Located next to an established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (neighbour interest expressed!), this is a solid investment with long-term value upside.

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