261 GERRARD STREET E Active

Toronto (cabbagetown-south St. James Town),ON M5A2G1

$ 2299000

- Bed

- Bath

3387 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,387 sqft

Price per Sqft $678

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C8422740

Originating Board Toronto Regional Real Estate Board

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.* **** 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:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Partially air conditioned

Exterior

Garage No

View Y/N No

Private Pool No

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