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Key Facts
Key facts for 256 Gerrard St E
Property Type
Apartment, Other
Parking
None 0 garage, 2 parking
MLS #
C8242188
Size
-
Basement
Other
Listed on
2024-04-16
Lot size
17 x 132.00
Tax
$7,536 /yr
Days on Market
526
Approximate Age
-
Maintenance Fee
-
Description
Investor Alert! Prime Downtown Investment (Motivated Seller, Estate)! 5.2% 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.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! **** Extras **** 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.
