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1659 Gerrard Street E Toronto, Ontario M4L 2A9

8 Bedroom 8 Bathroom
Hot Water Radiator Heat

$1

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence. **** EXTRAS **** 8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT, 7 exhaust fan, Boiler Rental , some basic furnishing of unit 5 (id:27910)

Property Details

MLS® Number E8469026
Property Type Single Family
Community Name Woodbine Corridor
Amenities Near By Beach, Hospital, Park, Public Transit, Schools
Features Carpet Free, In-law Suite
Parking Space Total 4

Building

Bathroom Total 8
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Appliances Water Heater, Water Meter, Dryer, Refrigerator, Stove, Two Stoves, Washer
Basement Development Partially Finished
Basement Features Separate Entrance
Basement Type N/a (partially Finished)
Construction Style Attachment Detached
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Beach, Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Irregular 25 X 110 Ft ; Irregular
Size Total Text 25 X 110 Ft ; Irregular|under 1/2 Acre