261 Gerrard Street Sold Invalid date

Toronto, Cabbagetown-South St. James Town, M5A 2G1

$2,299,000$000000

Description

Listed by ROYAL LEPAGE ESTATE REALTY.

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.*

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.

Location

View Map
  • Address: 261 Gerrard Street
  • Neighborhood: Cabbagetown-South St. James Town
  • City: Toronto
  • State: Ontario
  • Postal Code: M5A 2G1

Property Details

  • Property ID: C8422740
  • Property Price: $2,299,000
  • Style: Commercial/Retail, Multi-Use
  • Garage: Outside/Surface
  • Year Built: 100+
  • A/C: Part
  • Basement: Y
  • Heating: Gas Forced Air Closd
  • Taxes: $4,855.00 (2023)
  • Lot: 128.90x19.69 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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