1659, Gerrard, Woodbine Corridor, Toronto, Commercial
- 8 baths |
- 3426 SQFT
Description
Commercial Investment For Sale.
A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets,entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenancefeatures that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full,offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools -a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straight forward opportunity to add a well-located, income-producing asset to your portfolio.
Cross Street: Gerrard St E and Coxwell
Key Facts
- Days on: 0 days
- Mls Status: New
- Bathrooms Total Integer: 8
- Lot Type: Building
- Lot Width: 25.00
- Parking Spaces: 5
- Garage Type: None
- Heat Type: Gas Hot Water
- Cooling: No
- Building Area Total: 3426 Square Feet
Location 1659, Gerrard, Woodbine Corridor, Toronto
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