259 Gerrard St E

Cabbagetown, Downtown, Toronto

259 Gerrard St E
259 Gerrard St E
259 Gerrard St E
+24
5
 bed
6
 bath
2
 parking
-
 sqft
Sold on 
Jan 3, 2022
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34 days
 on site
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Sold for
$2,950,000
Listed for
$3,120,000
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Directions
Size
-
Lot size
253.44 sqm
Street frontage
S
Possession
Tba/Flexible
Price per sqm
-
Taxes
$11,358.7 (2021)
Parking Type
-
Style
3-Storey
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Description
Unique Investment Opportunity In Downtown Toronto, Newly Build From Scratch 3 Story Apartment Townhome, 5 Independent Units + Office Space, Totaling About 5300Sq.F, Great Cash Flow With Minimum Effort. 2 Legal Parking Spots. All Units Are Occupied Except One (For Showing). All Tenants Pay For Gas And Hydro. Building Has Central Fire/Smoke Alarm. Every Unit Has Forced Air Heating & A/C. Every Unit With Own Washer & Dryer. Great Investment For You To Take Over.

EXTRAS: Gross Rent- 142'680, Net- 125'481. S/S Fridge-5, S/S Gas & El Stoves-5, Microwave/Hood-5, Washer-5, Dryer-5. Kitchen Islands. Window Blinds, 2 Parking Spots. 3 Hot Water Tanks (Owned). Bsmt Unit With Radiant Heating. Ceilings 9'-10'-10'-9'
Broker: SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE
MLS®#: C5445375
Property details
Parking:
2
Parking type:
-
Property type:
-
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
+465 sqm
Lot front:
6.4 M
Lot depth:
40.23 M
Listed on:
Nov 30, 2021
Show all details
Robin Oliver
Sales Representative
647-277-9519
© Property.ca Inc., Brokerage
MLS#: C5445375
Listed by SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

About 259 Gerrard St E

259 Gerrard St E is, near Gerrard and Parliament. Listed at $3120000 in November 2021, the listing is no longer available and has been taken off the market (Sold Conditional). 259 Gerrard St E has 5 beds and 6 bathrooms. Situated in Toronto's Cabbagetown neighbourhood, Moss Park, Regent Park, Church St. Corridor and St. James Town are nearby neighbourhoods.

259 Gerrard St E, Toronto is a short distance away from Congo Coffee & Toronto Beignets for that morning caffeine fix and if you're not in the mood to cook, The House On Parliament and Stout Irish Pub are near this townhouse. Groceries can be found at Cosimo's No Frills which is not far and you'll find Rexall only a 4 minute walk as well. Ryerson Theatre is only at a short distance from 259 Gerrard St E, Toronto. 259 Gerrard St E, Toronto is nearby from great parks like Anniversary Park, Allan Gardens and Dog Park at Allen Gardens. Schools are readily available as well with Lord Dufferin Junior and Senior Public School and Our Lady of Lourdes Catholic School nearby. There is a zoo,Riverdale Farm, that is an 8-minute walk and is a great for a family outing.

Transit riders take note, 259 Gerrard St E, Toronto is a short walk to the closest TTC BusStop (PARLIAMENT ST AT GERRARD ST EAST) with (Bus) route 306 Carlton, and (Light Rail) route 506 Carlton. DUNDAS STATION - NORTHBOUND PLATFORM Subway is also a 11-minute walk.