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    For Sale - 210 Gerrard Street, Toronto, Ontario

    Est payment $8,643/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Turnkey four-unit investment property in downtown Toronto with a strong cap rate.
    • Fully renovated units feature modern finishes and separate entrances for privacy.
    • Historic character preserved with high-quality custom brickwork and modern upgrades.
    • Ideal for investors or multi-generational living with furnished rental potential.
    • Includes one parking space and a unit will be vacant on closing.




    5. 8% cap rate! Rare opportunity to acquire a fully gutted and renovated, turnkey four-unit investment property in the heart of downtown toronto, offering a strong 5. 8% cap rate and exceptional attention to detail throughout. Extensively upgraded while preserving the building'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 uit (owner occupied) will be vacant on closing.
    Listing IDC13152204
    Address210 Gerrard Street
    CityToronto, Ontario
    Price$1,799,900
    Bed / Bath6 / 4 Full
    Style2 1/2 Storey, Semi-Detached
    ConstructionBrick
    Land Size1593.06
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features NoneAmenities Library, Park, Public Transit, SchoolOwnership FreeholdViews CityBasement FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 1.00
    ASAP

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    Listing Agency:  HARVEY KALLES REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. 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 and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    210 Gerrard Street
    Toronto , Ontario
    6 4 $1,799,900
    Get more info