256 Gerrard St E , Toronto

Bed / 5 Bath / $2,199,900 / MLS® Listing #:C6013285

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Four Dwelling Units, Fully Tenanted, $110K Net Income, 5% Cap Rate W/ Massive Upside In Rents. Traditional Cabbagetown. Updated & Extraordinarily Well-Maintained. Main Lvl 3 Beds, 2nd Lvl 4 Beds, 3rd Lvl 1 Bedroom & Balcony, Basement 3 Beds. Rear Access Through Laneway For Dual Vehicle Parking. All Units Equipped With Hydronic High-Efficiency Heated Floors. Fantastic Tenants. Over 700K Spent On Renovations Since Owned. Windows 2018, Plumbing 2008, Flat Roof 2016. Laneway Suite Potential At Rear & Ability To Add 5th Unit. 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 Investment
Property Style N/A
Square Feet
Property Tax $6,911
Maintenance N/A
Days On Our Website 58
Basement Y
Kitchens
Garages
Lot Dimensions 15.32 x 132.65
Pool N/A
Area Toronto
Fireplaces N/A
Air Conditioning N
Heating - Gas Hot Water
Exterior
Garage Type None
Sewers Sanitary
Water Municipal

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description

Listing Office: ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

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