For Sale - 210 Gerrard Street, Toronto, Ontario

Est payment $8,643/mo
Views   4
Time on Jump  65 day
  • Turnkey four-unit investment property with a solid 5.8% cap rate.
  • Extensively upgraded while maintaining the building's historic charm.
  • All apartments feature modern finishes and private outdoor spaces.
  • Strategically located in downtown Toronto for strong rental demand.
  • Includes one rear parking space and is mostly furnished.



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
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Listing Agency:  HARVEY KALLES REAL ESTATE LTD.

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