1395 Gerrard Street E
Greenwood-Coxwell
Toronto
M4L 1Z3
$5,795,000
Residential Freehold
beds: 11
baths: 12.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- E12103997
- Bedrooms:
- 11
- Bathrooms:
- 12
- Photos (41)
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This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2031, you've got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2031. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- Other
- Total Approx Floor Area:
- 5000 +
- Depth:
- 0'0 m
- Frontage:
- 50'15.2 m
- Direction Faces:
- South
- Bedrooms:
- 11
- Bathrooms:
- 12.0
- Water supply:
- Municipal
- Kitchens:
- 11
- Bedrooms Above Grade:
- 11
- Kitchens Above Grade:
- 11
- Rooms Above Grade:
- 37
- Ensuite Laundry:
- No
- Zoning:
- CR2(c1;r2)*1573)
- Heating type:
- Other
- Heating Fuel:
- Other
- Foundation:
- Unknown
- Roof:
- Unknown
- Basement:
- Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Other
- Parking Spaces:
- 7
- Total Parking Spaces:
- 7.0
- Family Room:
- No
- Possession Details:
- 30-60 days/Flex
- Pool:
- None
- HST Applicable To Sale Price:
- In Addition To
- Taxes:
- $23,858.16 / 2024
- Assessment:
- $- / -
- Toronto E01
- Greenwood-Coxwell
- Toronto
- None
- Carbon Monoxide Detectors, Smoke Detector
- All unit appliances included. 2012 water heating with 2 new wall hang boilers and related equipment. Parking for 5 cars (no permit) on sidewalk, parking for 2 cars inside gate.
- Any unit AC units in units. All tenant belongings.
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- Apr 25, 2025
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated April 26, 2025 at 04:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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