1415 Gerrard Street E, Toronto E01, ON M4L 1Z5 (Hiawatha Rd)

Price : $4,195,900.00 , MLS®# : E12971250

Description

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers.

Location Description

Hiawatha Rd

Property Details
  • Community: Greenwood-Coxwell
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 11
  • Bath: 8
  • Garages: None
  • Annual Property Taxes : $ 1330000
Building Features
  • Foundation Type: Poured Concrete
  • Counstruction Material : Aluminum Siding-Metal/Steel Siding
  • Total Parking Space : 3
  • Parking Type : None
Building Features
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 17.5 sq.ft
  • Land Depth: 114.78sq.ft

Listing Contracted With: REALTY NETWORK