For Sale - 210 Gerrard Street, Toronto, Ontario

Est payment $8,643/mo
Views   1
Time on Jump  4 day
  • Fully renovated four-unit investment property in downtown Toronto's Heritage zone.
  • Strong 5.8% cap rate with extensive upgrades preserving historic character.
  • Each unit features modern finishes, separate entrances, and in-suite laundry.
  • Includes private decks and BBQ areas for outdoor enjoyment.
  • Offered with limited exclusions, ideal for diverse rental opportunities.



5. 8% cap rate! Cabbagetown heritage zone. Rare opportunity to acquire a fully gutted and renovated, turnkey four-unitinvestment property in the heart of downtown toronto, offering a strong 5. 8% cap rate andexceptional attention to detail throughout. Extensively upgraded while preserving thebuilding's historic character. Upgrades include custom ohio-made heritage brickwork (2023) matched to the original 1890 brick dimensions, newer peak roof shingles (2024), updated abs drain systems with backflow prevention (2022), an interior weeping tile system (2022), and enhanced exterior stormwater drainage infrastructure (2022), new eaves (2023). The property features four fully gutted and renovated (2022/2025/2026) self-contained furnished apartments with separate entrances, modern finishes, programmable touchpad entry systems, centralized internet/network infrastructure, security cameras, a doorbird smart entry system, forced air gas heating and a/c, and legal fire safety systems approved by certified installers. Units include a mix of private decks, bbq areas, skylights, heated flooring (apt 2 - bedroom only), a gas fireplace, in-suite laundry, and updated kitchens and baths. Currently configured as: 2 x two-bedroom units 1 x one-bedroom unit 1 x two-level owner's suite. Ideal for investors seeking stable income, furnished rental potential, multi-generational living, or short/mid-term rental opportunities (buyer to verify use). One rear parking space included. Offered substantially furnished with only limited exclusions. One unit (owner occupied) will be vacant on closing. Property listed as heritage.
Listing IDC13152164
Address210 Gerrard Street
CityToronto, Ontario
Price$1,799,900
Bath4 Full
StyleInvestment
Land Size1593.06
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Closed
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Listing Agency:  HARVEY KALLES REAL ESTATE LTD.

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210 Gerrard Street
Toronto , Ontario
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