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    For Sale - 1395 Gerrard Street, Toronto, Ontario

    Est payment $28,725/mo
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    Views   1
    Time on Jump  86 day

    AI Summary *

    • 20 residential units plus a secured commercial tenant until 2026.
    • Strong income stability with a 5.35% cap rate and potential for appreciation.
    • High demand area with a Walk Score of 93, great for walking.
    • Access to parks, beaches, shops, and restaurants enhances community living.
    • Nearby schools offer diverse academic and arts programs for all ages.




    This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, 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 2026. 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.
    Listing IDE12103997
    Address1395 Gerrard Street
    CityToronto, Ontario
    Price$5,795,000
    Bed / Bath23 / 12 Full
    StyleOther, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement FinishedFoundation UnknownHeating / Cooling OtherHeating Fuel OtherSewer Sewer

    Parking 7.00
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    Listing Agency:  Signature Elite Realty Ltd.
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    1395 Gerrard Street
    Toronto , Ontario
    23 12 $5,795,000
    Get more info