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30 Units! Upper Beaches! 14 Units Are Vacant. Easy To Show And Sell. Ready For The Smart Investor To Renovate And Attain Market Rents. Indieville Area, Avg House Price Is Over 1 Mill. All Existing Tenants To Be Assumed, No Vtb Avg Neighbourhood Income $116K (Geowarehouse) Ideal For The Long Term Investor. 6 X One Bedrooms, 24 X Bachelors/Micro Units. Recent Roof, Overall Condition Is Good. Ask La For More Info.**** EXTRAS **** Estimated Potential Income (After Renovations) Approx $500K Est. Expenses $107K, Est Net $390K Back Onto Large Park/Tennis Courts, Dog Park. Streetcar In Front, Close To Danforth Go Station (id:35167)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | E5798374 |
Property Type | Multi-family |
Community Name | East End-Danforth |
Size Interior | 15000 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Irregular | 50 X 125 Ft |
Size Total Text | 50 X 125 Ft |
8 public & 7 Catholic schools serve this home. Of these, 9 have catchments. There is 1 private school nearby.
5 tennis courts, 4 playgrounds and 13 other facilities are within a 20 min walk of this home.
Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.
https://www.realtor.ca/real-estate/24981998/2147-gerrard-st-e-toronto-east-end-danforth