1659 Gerrard Street E Toronto, Ontario M4L 2A9

8 Bedroom 8 Bathroom
Hot Water Radiator Heat

$1

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence. **** EXTRAS **** 8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT, 7 exhaust fan, Boiler Rental , some basic furnishing of unit 5 (id:47351)

Property Details

MLS® Number E8469026
Property Type Single Family
Community Name Woodbine Corridor
AmenitiesNearBy Beach, Hospital, Park, Public Transit, Schools
Features Carpet Free, In-law Suite
ParkingSpaceTotal 4

Building

BathroomTotal 8
BedroomsAboveGround 6
BedroomsBelowGround 2
BedroomsTotal 8
Appliances Water Heater, Water Meter, Dryer, Refrigerator, Stove, Washer
BasementDevelopment Partially Finished
BasementFeatures Separate Entrance
BasementType N/a (partially Finished)
ConstructionStyleAttachment Detached
ExteriorFinish Brick
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 2
Type House
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Beach, Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 25 Ft
SizeIrregular 25 X 110 Ft ; Irregular
SizeTotalText 25 X 110 Ft ; Irregular|under 1/2 Acre
ZoningDescription Rd 1.0

https://www.realtor.ca/real-estate/27079385/1659-gerrard-street-e-toronto-woodbine-corridor