256 Gerrard St E , Toronto

8+3 Bed / 5 Bath / $2,249,900 / MLS® Listing #:C5955711

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Four Dwelling Units, Fully Tenanted, $110K Net Income, 4.9% Cap Rate With Massive Upside In Rents. Traditional Cabbagetown. Updated & Extraordinarily Well-Maintained. Main Level 3 Bedrooms, 2nd Level 4 Bedrooms, 3rd Level 1 Bedroom & Balcony, Basement 3 Bedrooms. Close Proximity To Shops, Eateries, And Public Transport. 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, No Survey Available. **** Extras **** All Existing Appliances Including; 4 Fridges, 4 Stoves, 4 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tank Rental. All Elfs & Window Coverings.

All Existing Appliances Including; 4 Fridges, 4 Stoves, 4 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tank Rental. All Elfs & Window Coverings.

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Property Details

Property Type Semi-Detached
Property Style 3-Storey
Square Feet 3500-5000
Property Tax $6,911
Maintenance N/A
Days On Our Website 18
Basement Apartment
Kitchens 3
Garages 0.0
Lot Dimensions 15.32 x 132.65
Pool None
Area Toronto
Fireplaces N
Air Conditioning None
Heating Gas - Water
Exterior Brick
Garage Type None
Sewers Sewers
Water Municipal

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description
Main 1 x 4 piece
Main 1 x 2 piece
2nd 1 x 3 piece
3rd 1 x 4 piece
Lower 1 x 4 piece

Listing Office: ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

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