Primary photo of 1415 E GERRARD Street E, Toronto
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Multi-family For Sale

$4,295,000

MLS® Number: 40817959

Bedrooms

11

Bathrooms

8

Floor Area

8,075

1415 E GERRARD Street E, Toronto, Ontario

About This Property

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. Contact us today for the full listing package! The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers.

Property Details

Interior Details

Basement

Partially finished, Full

Bathrooms Total

8

Bedrooms Total

11

Cooling

Central air conditioning

Heating

Electric

Living Area

8075 sqft

Building & Exterior

Exterior Features

Aluminum siding, Metal

Foundation Details

Poured Concrete

Number Of Units Total

6

Stories

3.0

Land & Location

Community Features

School Bus

Frontage Length

18.0 feet

Lot Features

Paved driveway

Postal Code

M4L1Z5

Subdivision Name

TEGC - Greenwood-Coxwell

Listing & Financials

Listing Office

Realty Network

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

3

Street Dir Prefix

East

Mortgage Calculator

20% ($859,000)
5.5%
25 Years

Estimated Monthly Payment

$21,100

Principal and interest only. Actual rates may vary.

Location & Map

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