Solid Investment Opportunity! Fully Leased 6-unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: This property is situated at a high-traffic corner and offers excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Dont miss this as-is, passive income opportunity. EXTRAS 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803) (id:55598)
- ON
- Toronto (cabbagetown-South St. James Town)
- M5A2G4
- 294 GERRARD STREET E
- MLS® C8391534
- Date Listed05/29/2024
- Days on Realty 173 Days
- Bedrooms 13
- Bathrooms
- Lot Size -
- Subdivision Cabbagetown-South St. James Town
- Property Type Multi Family
- Water Public
- Square Feet 2,551 sq. ft
- Price Per Sq. Ft $1293.61
Interior Features
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Lord Dufferin Junior and Senior Public School
Public • PK - 8
32.19 km
Distance
Sprucecourt Junior Public School
Public • PK - 8
32.19 km
Distance
Winchester Junior and Senior Public School
Public • PK - 8
32.19 km
Distance
Nelson Mandela Park Public School
Public • PK - 8
32.19 km
Distance
École élémentaire Gabrielle-Roy
Public • PK - 5
32.19 km
Distance
Our Lady of Lourdes Catholic School
Public • PK - 8
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Rose Avenue Junior Public School
Public • PK - 5
32.19 km
Distance
Church Street Junior Public School
Public • PK - 5
32.19 km
Distance
Market Lane Junior and Senior Public School
Public • PK - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Earl Grey Senior Public School
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Winona Drive Senior Public School
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Glen Ames Senior Public School
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
École secondaire catholique Saint-Frère-André
Public • 6 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Rosedale Heights School of the Arts
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Msgr Fraser College - Isabella Campus
Public • 9 - 12
32.19 km
Distance
St. Michael's Choir School Academic Division
Public • 9 - 12
32.19 km
Distance
St. Michael's Choir School Music division
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Private • 6 - 12
20 km
Distance
Canada's National Ballet School
Private • - 3
20 km
Distance
De La Salle College "Oaklands"
Private • - 5
20 km
Distance
OISE Institute for Child Study (University of Toronto)
Private • 9 - 12
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
East York Alternative Secondary School
Private • 9 - 12
20 km
Distance
Private • JK - 6
20 km
Distance
Private • 6 - 8
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
#715 -39 BRANT ST | 2 | 1 | Oct 22, 2024 | $849,900 |
82 CHESTNUT PARK ROAD | 5 | 6 | Nov 02, 2024 | $16,500,000 |
8 TENNIS CRES | 3 | 2 | Oct 15, 2024 | $1,629,000 |
675 HURON ST | 4 | 5 | Oct 03, 2024 | $3,199,999 |
978 CARLAW AVE | 4 | 5 | Nov 08, 2024 | $2,899,000 |
164 FULTON AVE | 5 | 3 | Oct 09, 2024 | $1,799,000 |
29 SPRUCE STREET | 3 | 3 | Nov 10, 2024 | $2,295,000 |
51 HAZELTON AVENUE | 4 | 5 | Oct 27, 2024 | $8,380,000 |
53 HAZELTON AVENUE | 3 | 4 | Oct 27, 2024 | $6,880,000 |
70 DEARBOURNE AVE | 4 | 2 | Oct 03, 2024 | $1,825,000 |
98/100
Walker's Paradise
Walk Score ®
95/100
Rider's Paradise
Transit Score ®
100/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
18 nearby routes: 11 bus, 7 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 79/100.
Points of interest near 294 GERRARD STREET E, Toronto (Cabbagetown South St. James Town), ON M5A2G4
NB Cleaners, Toronto, ON, Canada
Retail Professional
6 m
Distance
Parliament Optical, Toronto, ON, Canada
Retail Health
13 m
Distance
22 m
Distance
New Town Restaurant, Toronto, ON, Canada
Food • Retail Nightlife
33 m
Distance
35 m
Distance
36 m
Distance
420 Smokehouse, Toronto, ON, Canada
Food • Retail Nightlife
37 m
Distance
37 m
Distance
The Local Gest, Toronto, ON, Canada
Food • Retail Nightlife
45 m
Distance
53 m
Distance
56 m
Distance
60 m
Distance
62 m
Distance
Gerrard Street East, Toronto, ON, Canada
Transport
12 m
Distance
38 m
Distance
New Town Restaurant, Toronto, ON, Canada
Food • Retail Nightlife
33 m
Distance
420 Smokehouse, Toronto, ON, Canada
Food • Retail Nightlife
37 m
Distance
The Local Gest, Toronto, ON, Canada
Food • Retail Nightlife
45 m
Distance
New Town Restaurant, Toronto, ON, Canada
Food • Retail Nightlife
33 m
Distance
420 Smokehouse, Toronto, ON, Canada
Food • Retail Nightlife
37 m
Distance
The Local Gest, Toronto, ON, Canada
Food • Retail Nightlife
45 m
Distance
NB Cleaners, Toronto, ON, Canada
Retail Professional
6 m
Distance
H&R Block, Toronto, ON, Canada
Professional
57 m
Distance
Parliament Optical, Toronto, ON, Canada
Retail Health
13 m
Distance
31 m
Distance
Anniversary Park, Toronto, ON, Canada
Recreation
42 m
Distance
Cabbagetown Community Arts Centre, Toronto, ON, Canada
Education Entertainment
49 m
Distance
Cabbagetown Community Arts Centre, Toronto, ON, Canada
Education Entertainment
49 m
Distance
47 m
Distance
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Frequently Asked Questions for 294 GERRARD STREET E
Source: Realty.com
294 GERRARD STREET E, Toronto (Cabbagetown South St. James Town), ON M5A2G4 is a Multi Family, Residential Income property listed for $3,300,000 The property is 2551 sq. ft with 13 bedrooms and 0 bathrooms
Realty.com has 39 photos of 294 GERRARD STREET E.
The full address for this home is 294 GERRARD STREET E, Toronto (Cabbagetown South St. James Town), ON M5A2G4.
294 GERRARD STREET E has been listed on Realty.com since Wed May 29, 2024
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 79/100.
Listing provided courtesy of:
INTERNATIONAL REALTY FIRM, INC.
(tel: (647) 313-3400)
Listing agent:
FELICIA PIZZONIA
(tel: (647) 883-1758)
This content last refreshed on 2024-11-18 18:26:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.