<-- style PDP --> 1395 Gerrard Street, Toronto - Investment for sale for $5,795,000
  • for sale

1395 Gerrard Street

Toronto, Ontario, M4L 1Z3 - Greenwood-Coxwell

$5,795,000

  • Neighbourhood

    Greenwood-Coxwell

  • Major Intersection

    Gerrard St E & Greenwood

  • Listed Since: 215 day(s)

  • Last update: today

Overview

  • Property Type

    Investment, Retail

  • Bedrooms

    n/a

  • Bathrooms

    n/a

  • Basement

    Y

  • Kitchen

    n/a

  • Total Parking

    7

  • Lot Size

    Available Upon Request

  • Taxes

    $23,858.16 (2024)

  • Type

    Commercial

Property Description

Property description for 1395 Gerrard Street, Toronto

This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, you've got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2026. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.

Listed by Signature Elite Realty Ltd.

  • MLS #

    E12103930

  • Sq. Ft

    11000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    Other

  • Total Parking

    7

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Other

  • A/C

    Part

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    E12103930

  • Sq. Ft

    11000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    Other

  • Total Parking

    7

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Other

  • A/C

    Part

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 1395 Gerrard Street, Toronto

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Mortgage Calculator

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Closing Cost Calculator

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Total Cash flow for purchasing this property

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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