A pic from exterior of the house or condo for 256 Gerrard St, Toronto Ontario M5A 2G2
Virtual Tour
Floor plan for 256 Gerrard St, Toronto Ontario M5A 2G2
93 days on Market

256 Gerrard St, Toronto, Ontario M5A 2G2

$2,188,000
Get pre-approvedPowered by Rocket Mortgage
Buy with Wahi to get
Up to
$10,940Cashback
Townhouse
9 + 2
5
- sqft

Contact us about this property

Call

Highlights

Estimated Value$2,228,000*

Price/Sqft-

Est. Mortgage$9,397/mth

Tax Amount (2023)$7,536/yr

Days On Market93 days

*Last updated on: 24/08/31

Description

Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify)! Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity!


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size2,308 SqFt(132 x 17.49)
Parking Spaces2
MLS ®NumberC8391514
Community NameCabbagetown
Data SourceTRREB

Features

Heating: Forced Air
Basement: Other

Features

Lot size: 2,308 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 2

Total parking spaces 2


Property History

Now
ListedFor Salefor$2,188,000Active
93 days on market
Listing by trreb®
history photo preview15
May 30, 2024
ListedFor Salefor$2,388,000Terminated
Stayed 44 days on market
Listing by trreb®
history photo preview15
ListedFor Salefor$2,199,900Expired
Stayed 73 days on market
Listing by trreb®
history photo preview40
Sign Up

Have an account?Log In

Property listed by CITIBLOC REALTY, Brokerage

Get up to 0.5% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home

Market DataFor the past 30 days in Cabbagetown

Median Selling Price

$1,540,000

64.27% more than GTA:

$937,500

Median Bidding

Underbidding - Trending to buyer market

-$48,000

GTA median: -$13,950

Median Number of Sales

7 sales

549 sales less than GTA:

556 sales

Median Number of Days on Market

23 days

6 days less than GTA:

29 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget