Toronto C08, ON M5A 2G1,261 Gerrard ST E
Toronto C08, ON M5A 2G1,261 Gerrard ST E
Toronto C08, ON M5A 2G1,261 Gerrard ST E
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$2,299,000
Est. payment /mo
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3,387 SqFt
Price Dropped by $189K

261 Gerrard ST E Toronto C08, ON M5A 2G1

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UPDATED:

11/08/2024 05:20 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,387 sqft

Price per Sqft $678

MLS Listing ID C8422740

Annual Tax Amount $4,855

Tax Year 2023

Property Description

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*. *6.13% Stabilized Cap Rate.*

Location

Province ON

County Toronto

Zoning Multi-Use (2 Commercial / 2 residential)

Interior

Cooling Partial

Inclusions Sunny rooftop deck with south-facing views.

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Others

Security Features No


Listed by ROYAL LEPAGE ESTATE REALTY

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Gaby Leveille

Broker | License ID: 4740099

+1(905) 902-2284

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261 Gerrard ST E

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