TerminatedMultiplex

256 Gerrard Street

Name: 256 Gerrard Street - Terminated May 2024
Brand: CITIBLOC REALTY
Price: 2388000 CAD
Availability: OutOfStock

Toronto - Cabbagetown-South St. James Town

256 Gerrard Street

Toronto - Cabbagetown-South St. James Town

Listed For $2,388,000

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Terminated May 2024

9 + 2 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

Investor Alert! Prime Downtown Investment (Motivated Seller, Estate)! 5.2% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income.Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity!

Key facts for 256 Gerrard Street

Tax$7,536 / 2023

Property TypeMultiplex, Other

Lot Size132 x 17.49 Feet

ParkingNone Spaces, Total 2 Spaces

Parking FeaturesAvailable

BasementOther

Listing #C8242188

Days on Market--

Listing BrokerageCITIBLOC REALTY

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$11,661/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.0% net yield

Net Monthly Cash Flow-$9,489

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(866) 511-7171

info@realtris.ca

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