Cabbagetown

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256 Gerrard Street E
Cabbagetown-South St. James Town Toronto M5A 2G2

$2,188,000
Freehold beds: 9+2 baths: 5.0

Main Photo: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 1: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 2: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 3: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 4: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 5: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 6: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 7: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 8: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 9: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 10: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 11: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 12: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 13: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 14: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Photo 15: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
Status:
Active
Prop. Type:
Freehold
MLS® Num:
C8391514
Bedrooms:
9+2
Bathrooms:
5
Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% 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. Potential to add 3 extra units (Buyer to verify)! 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!
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
Other
Depth:
132'
Frontage:
17'5⅞"
Exposure:
East
Bedrooms:
9+2
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
4
Rooms:
11
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Other
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
2
Total Parking Spaces:
2
Driveway:
Available
Family Room:
Y
Possession Details:
TBA
Taxes:
$7,536 / 2023
Assessment:
$- / -
Floor
Ensuite
Pieces
Other
-
1
X5
Cabbagetown-South St. James Town
4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental.
Other
None
Special Designation:
Other
Sewer:
Other
Air Conditioning:
None
Seller Property Info Statement:
Yes
Date Listed:
May 31, 2024
Original Price:
$2,188,000
  • Photo 1: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 2: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 3: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 4: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 5: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 6: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 7: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 8: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 9: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 10: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 11: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 12: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 13: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 14: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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  • Photo 15: 256 Gerrard Street E in Toronto: Cabbagetown-South St. James Town House (Other) for sale (Toronto C08)  : MLS®# C8391514
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Listed by CITIBLOC REALTY
Data was last updated July 16, 2024 at 11:55 AM (UTC)