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Unique Investment Opportunity In Downtown Toronto,Newly Build From Scratch 3 Story Apartment Townhome,5 Independent Units + Office Space,Totaling About 5300Sq.F,Great Cash Flow With Minimum Effort. 2 Legal Parking Spots. All Units Are Occupied Except One(For Showing). All Tenants Pay For Gas And Hydro. Building Has Central Fire/Smoke Alarm. Every Unit Has Forced Air Heating & A/C. Every Unit With Own Washer & Dryer.Great Investment For You To Take Over.**** EXTRAS **** Gross Rent- 142'680,Net- 125'481. S/S Fridge-5,S/S Gas & El Stoves-5,Microwave/Hood-5,Washer-5,Dryer-5. Kitchen Islands. Window Blinds,2 Parking Spots. 3 Hot Water Tanks(Owned).Bsmt Unit With Radiant Heating. Ceilings 9'-10'-10'-9' (id:24093)
Listed by MICHAEL ARKHYPKIN of SUTTON GROUP-ADMIRAL REALTY INC.

Property Details of 259 Gerrard Street East

Property Details

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"Based on information submitted to CREA as of December 3, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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