256 Gerrard St, Toronto, Ontario M5A 2G2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$2,228,000*
Price/Sqft-
Est. Mortgage$9,397/mth
Tax Amount (2023)$7,536/yr
Days On Market93 days
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
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 2
Total parking spaces 2
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-C8391514_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-C8242188_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-C6173856_1-256.webp)
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