1659 GERRARD STREET E Toronto

1659 GERRARD STREET E, Toronto, Ontario

$1

  • 8 Beds
  • 8 Baths

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence. (id:23309)

  • Listing ID: E8469026
  • Property Type: Single Family

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Details

  • Amenities Nearby: Beach, Hospital, Park, Public Transit, Schools
  • Features: Carpet Free, In-Law Suite
  • Ownership: Freehold
  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: Rd 1.0

Building

  • Appliances: Water Heater, Water meter, Dryer, Refrigerator, Stove, Washer
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 2
  • Construction Style Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 8
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Beach, Hospital, Park, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 25 ft
  • Size Irregular: 25 x 110 FT ; irregular
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1659 GERRARD STREET E in Toronto Ontario. It was last modified on June 27th, 2024. Contact Joanna Kwan to schedule a viewing or to discover other Toronto real estate for sale.

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