Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. Contact us today for the full listing package! The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers. (id:61445)
| MLS® Number | 40812208 |
| Property Type | Other |
| AmenitiesNearBy | Hospital, Public Transit, Schools |
| Features | Southern Exposure, Visual Exposure, Paved Driveway |
| BasementType | Full |
| ExteriorFinish | Aluminum Siding, Stucco |
| FoundationType | Poured Concrete |
| StoriesTotal | 3 |
| SizeExterior | 7260.0000 |
| SizeInterior | 7260 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Rail Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 115 Ft |
| SizeFrontage | 18 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Cr2 (cl;r2*1573) |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29479310/1415-gerrard-street-e-toronto
Contact us for more information
Adam Colalillo
Salesperson