1415 Gerrard Street For Sale

Toronto, Greenwood-Coxwell, M4L 1Z5

$4,500,000

Description

Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC..

InTrust. is excited to offer for sale 1415 Gerrard St E, a mixed-use multifamily building at the corner of Gerrard St E & Hiawatha Rd located in the Leslieville Upper Beaches neighbourhood. A truly rare, once in a lifetime opportunity for investors to acquire a newly constructed, impressive trophy high income property with no rent control. This remarkable asset is a 4,737 sqft mixed-use multifamily building that currently consists of 1 commercial unit at grade and 5 brand new condo style luxury residential units. The commercial unit at grade is occupied by a well-established, Triple AAA in demand community day care. The residential units are very spacious, made of the highest quality craftsmanship and modern finishes, soaring high ceilings, high-end appliances including separate laundry for each unit.

All mechanicals, electrical, & HVAC are new. Tenants pay for all utilities. Due to the high-end amenities & features this building offers & location, it has the highest tenant profile. Easy building to own with little management required.

Location

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  • Address: 1415 Gerrard Street
  • Neighborhood: Greenwood-Coxwell
  • City: Toronto
  • State: Ontario
  • Postal Code: M4L 1Z5

Property Video

Property Details

  • Property ID: E8133150
  • Property Price: $4,500,000
  • Style: Multiplex, 3-Storey
  • Rooms: 10
  • Bedrooms: 9
  • Bath: 4
  • Parking Spaces: 3
  • A/C: Central Air
  • Basement: Finished
  • Den: Y
  • Exterior: Metal/Side
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $19,165.00 (2023)
  • Lot: 114.78x17.50 (Feet)

Property History

This property has been sold 11 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992

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