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1659 Gerrard Street E Toronto, Ontario M4L 2A9

8 Bedroom 8 Bathroom
Hot Water Radiator Heat

$1

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence. **** EXTRAS **** 8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT, 7 exhaust fan, Boiler Rental , some basic furnishing of unit 5 (id:50787)

Property Details

MLS® Number E8469026
Property Type Single Family
Community Name Woodbine Corridor
Amenities Near By Beach, Hospital, Park, Public Transit, Schools
Features Carpet Free, In-law Suite
Parking Space Total 4

Building

Bathroom Total 8
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Appliances Water Heater, Water Meter, Dryer, Refrigerator, Stove, Washer
Basement Development Partially Finished
Basement Features Separate Entrance
Basement Type N/a (partially Finished)
Construction Style Attachment Detached
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Beach, Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 110 Ft
Size Frontage 25 Ft
Size Irregular 25 X 110 Ft ; Irregular
Size Total Text 25 X 110 Ft ; Irregular|under 1/2 Acre
Zoning Description Rd 1.0

https://www.realtor.ca/real-estate/27079385/1659-gerrard-street-e-toronto-woodbine-corridor

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