Travis
Natasha
Jolanda
210 Gerrard Street - $1,799,900
210 Gerrard Street - $1,799,900
210 Gerrard Street
$1,799,900
Cabbagetown-South St. James Town
Toronto Cabbagetown South St James Town, OntarioM5A2E6
0 beds
4 baths
1 parking
MLS#: C13152164Listed: about 2 months agoUpdated:18 days ago
Description
5.8% cap rate! Cabbagetown Heritage zone. Rare opportunity to acquire a fully gutted and renovated, turnkey four-unitinvestment property in the heart of downtown Toronto, offering a strong 5.8% cap rate andexceptional attention to detail throughout. Extensively upgraded while preserving thebuilding's historic character. Upgrades include custom Ohio-made heritage brickwork (2023) matched to the original 1890 brick dimensions, newer peak roof shingles (2024), updated ABS drain systems with backflow prevention (2022), an interior weeping tile system (2022), and enhanced exterior stormwater drainage infrastructure (2022), new eaves (2023).The property features four fully gutted and renovated (2022/2025/2026) self-contained furnished apartments with separate entrances, modern finishes, programmable touchpad entry systems, centralized internet/network infrastructure, security cameras, a Doorbird smart entry system, forced air gas heating and A/C, and legal fire safety systems approved by certified installers. Units include a mix of private decks, BBQ areas, skylights, heated flooring (Apt 2 - bedroom only), a gas fireplace, in-suite laundry, and updated kitchens and baths. Currently configured as: 2 x two-bedroom units 1 x one-bedroom unit 1 x two-level owner's suite. Ideal for investors seeking stable income, furnished rental potential, multi-generational living, or short/mid-term rental opportunities (buyer to verify use). One rear parking space included. Offered substantially furnished with only limited exclusions. One unit (owner occupied) will be vacant on closing. Property listed as Heritage. (id:63050)Details
Details for 210 Gerrard Street, Toronto Cabbagetown South St James Town, Ontario- Property Type
- Multi Family
- Building Type
- Multi Family
- Storeys
- -
- Neighborhood
- Cabbagetown-South St. James Town
- Land Size
- 13.5 x 120 FT
- Year Built
- -
- Annual Property Taxes
- $6,628
- Parking Type
- -
Inside
- Appliances
- Washer, Dishwasher, Dryer
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Gerrard St E & Seaton St
- Type of Dwelling
- multi_family
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- 13.5 x 120 FT
- Zoning
- -
- Zoning Description
- CR1.5(c1;r1*1906)
Parking
- Features
- -
- Total Parking
- 1
Utilities
- Cooling
- Fully air conditioned
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 210 Gerrard Street, Toronto Cabbagetown South St James Town, OntarioMap
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