294 Gerrard Street
Toronto - Moss Park
Listed For $2,999,900
Get Pre-approvedAdded 21 days ago
Toronto - Moss Park
Listed For $2,999,900
Get Pre-approvedAdded 21 days ago
Attention Investors! An exceptional opportunity to acquire a fully leased 6-unit multi-residential property offering a high-performing rate of return on investment. Investors will benefit from a 5.5% going in CAP rate along with a 9.48% leveraged cap rate with 30% down--one of the best performing and maintained 6-unit buildings in central Toronto. Spread over approximately 4456 sq. ft. of rentable living space (including the basement and rear coach house), this well-maintained asset features a desirable unit mix of four 2-bedroom apartments and two 3-bedroom apartments, appealing to a broad range of tenants in a high-demand rental market. Significant improvements have been completed throughout the property, including updated kitchens, mechanical systems, decks, and improvements to major
* Values are estimates only and not a guarantee of lending or affordability.