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261 GERRARD STREET E
Toronto Ontario , M5A2G1 , Canada
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$2,488,000.00
MLS® C8422740
Commercial
Lot Size: Bldg=19.69 x 128.9 FT
Remarks:
Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *5.6% Stabilized Cap Rate.* **** EXTRAS **** Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay. (id:7526)

Property Features:
  • Amenities Nearby: Highway , Public Transit
  • Property Type: Retail
Building Features:
  • Cooling Type: Partially air conditioned
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

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