$2,488,000
( $734.57Per Sq Foot )
 $13,356 forsale estimated payment Sourced by Back At You

261 Gerrard Street E , Toronto (Cabbagetown-South St. J, ON M5A2G1

Toronto (Cabbagetown-South St. J, ON M5A2G1

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Description

Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *5.6% Stabilized Cap Rate.* **** EXTRAS **** Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay. (id:374)

Details

MlsC8422740
Listing TypeFor Sale
StatusActive
Days On Site183
Listing Provided ByROYAL LEPAGE ESTATE REALTY | MATT WOOD

Features

Sq Feet3,387
ZoningMulti-Use (2 Commercial / 2 resi
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Listings Checked: 6 minutes ago
StateON
CityToronto (Cabbagetown-South St. J
Zip CodeM5A2G1
Listing VS Median (in M5A2G1)
Price:
$2,488,000
low | high
Med:
$3,800
100% of Average
SqFt:
3,387
low | high
Med:
1,000
100% of Average
$ / SqFt:
$735
low | high
Med:
$4
100% of Average
On Site:
183
low | high
Med:
161.000000
100% of Average
Sourced by Back At You
Listing Updated: October 16, 2024 at 8:29:47 AM PDT