map icon

294 Gerrard St E

Gerrard St E, Downtown Toronto, Toronto, ON, M5A 2G4

13
Beds
8
Baths
$3,300,000
List Price
Details
Photos
39
Comparables
History
294 Gerrard St E, Toronto, ON - 1 of 3
294 Gerrard St E, Toronto, ON - 2 of 3
294 Gerrard St E, Toronto, ON - 3 of 3
New
28 days on market

Quick Summary

  • Fully leased 6-unit corner property
  • Meticulously renovated with new decks
  • Upgraded 200-amp electrical service
  • Young 8-year-old roof and 9-year-old boiler
  • Excellent high-traffic corner location
  • Consistent rental history
  • Flexible zoning for future development
  • Turnkey investment opportunity

Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service.... Show More

Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity! 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)

Property Details

Size

Sq. Ft. Not Available
13 Beds
9 Above Grade - 4 Below Grade
8 Baths

Parking

4 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Other
Exterior
Other
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Other
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$7,022

Source

Listing Brokerage

MLS® Listing
C8391532
Last Updated
June 2, 2024
Brokerage
CITIBLOC REALTY
Call us 800-591-0566

Book A Private Showing

For Sale Nearby

294 Gerrard St E, Toronto, ON
294 Gerrard St E
$3,500,000
Toronto, ON, M5A 2G4
  • 13
  • 8
29 Spruce St, Toronto, ON
29 Spruce St
$2,195,000
Toronto, ON, M5A 2H8
  • 2,000 - 2,500 Sq. Ft.
  • 3
  • 3
237 Gerrard St E, Toronto, ON
237 Gerrard St E
$1,890,000
Toronto, ON, M5A 2G1
  • 5
  • 3
237 Carlton St, Toronto, ON
237 Carlton St
$1,700,000
Toronto, ON, M5A 2L2
  • 1
  • 3
11 - 41 Spruce St, Toronto, ON
11-41 Spruce St
$1,649,800
Toronto, ON, M5A 2H8
  • 2,250 - 2,499 Sq. Ft.
  • 3
  • 3
408 Ontario St, Toronto, ON
408 Ontario St
$2,695,000
Toronto, ON, M5A 2W1
  • 3,000 - 3,500 Sq. Ft.
  • 3
  • 5
408 Ontario St, Toronto, ON
408 Ontario St
$2,480,000
Toronto, ON, M5A 2W1
  • 3,000 - 3,500 Sq. Ft.
  • 5
  • 5
408 Ontario St, Toronto, ON
408 Ontario St
$2,580,000
Toronto, ON, M5A 2W1
  • 3,000 - 3,500 Sq. Ft.
  • 5
  • 5

Sold Nearby

10 Rolston Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
10 Rolston Ave
$XXX,XXX
Toronto, ON, M5A 3Z2
  • 4
  • 4
355 Berkeley St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
355 Berkeley St
$XXX,XXX
Toronto, ON, M5A 2X6
  • 1,500 - 2,000 Sq. Ft.
  • 4
  • 3
259 Gerrard St E, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
259 Gerrard St E
$XXX,XXX
Toronto, ON, M5A 2G1
  • 5
  • 6
25 Spruce St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
25 Spruce St
$XXX,XXX
Toronto, ON, M5A 2H8
  • 6
  • 2
27 Spruce St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
27 Spruce St
$XXX,XXX
Toronto, ON, M5A 2H8
  • 3
  • 3
370 Berkeley St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
370 Berkeley St
$XXX,XXX
Toronto, ON, M5A 2X7
  • 3
  • 4
393 Berkeley St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
393 Berkeley St
$XXX,XXX
Toronto, ON, M5A 2X8
  • 3,500 - 5,000 Sq. Ft.
  • 5
  • 4
35 F Spruce St, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
35 F Spruce St
$XXX,XXX
Toronto, ON, M5A 2H8
  • 3
  • 3

Listing information provided in part by the Toronto Regional Real Estate Board for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Copyright © TRREB. All rights reserved.

Information is deemed reliable but is not guaranteed accurate by TRREB®. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.