1918 Gerrard St E - Storefront Retail/Residential FOR SALE


Toronto, ON M4L 2C1
$1,199,000 CAD
416-530-1100

NO PHOTO

$1,199,000 CAD
Storefront Retail/Residential - FOR SALE
null | 6.39% Cap Rate

1918 Gerrard St E
Toronto, ON M4L 2C1


HIGHLIGHTS

  • Vibrant Upper Beaches location
  • Extensive recent building renovations
  • Flexible commercial unit setup
  • Rear lane parking for two

OVERVIEW

This fully renovated, two-storey mixed-use property offers a prime investment opportunity with a near 6% cap rate based on net income. Located in the vibrant retail node of the Upper Beaches, the building includes three residential units and one commercial storefront, all occupied by stable tenants. The second-floor tenant is currently month-to-month, providing the possibility of vacant possession. The property also features parking for two cars via the rear lane and extensive recent renovations, including basement underpinning, electrical, plumbing, kitchens, and bathrooms.

FOR SALE DETAILS

PRICE

$1,199,000 CAD

PRICE/SF

$688 CAD /SF

CAP RATE

6.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

-

APN/PARCEL ID

190409425005800

ASK ABOUT THIS PROPERTY

Don MulhollandBosley Real EstateMore Info
416-530-1100

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Don MulhollandBosley Real EstateMore Info
416-530-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.