$1,299,000^{FOR SALE}

Commercial/Retail

Lot: 15.33 x 92.29 ftTotal Area: 1,742 ft²
2023 Taxes: $14,184

1918 Gerrard St E
Toronto, ON M4L 2C1 | Woodbine Corridor

Fully reno'd 2 storey mixed-use property. Vacant possession of main floor retail unit or an excellent investment opportunity producing close to a 6% cap rate based on Net income. Located in a vibrant neighbourhood retail node in the upper beaches.Configured as 3 beautiful residential units and 1 commercial storefront unit all occupied by stable tenants. Second floor tenant is month to month with possibility of vacant possession. Parking for 2 cars off the lane in rear.

Extras

Extensive recent renovations throughout including basement underpinning, electrical, plumbing, kitchens and baths.

Listed By	BOSLEY REAL ESTATE LTD.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E9390264
Last Updated	Oct 09, 2024

Property Summary

Property Type	Commercial/Retail More like this: Toronto Commercial/Retail for Sale
Business/Building Name	Retail unit plus 3 apartments.
Category	Multi-Use
Legal Description	PT LT 37 PL 459E TORONTO AS IN CT328596; EXCEPT TH
Occupancy	Tenant
Possession Date	30 days/tba
Taxes (2023)	$14,184
Tax Type	Annual
Directions/Cross Streets	Gerrard & Woodbine
Neighbourhood	Woodbine Corridor
Area	Toronto

Price History

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Detailed Information

Freestanding	N
Lot	15.33 x 92.29 ft
Retail Area	265 ft²
Office/Apt Area	1,477 ft²
Total Area	1,742 ft²
Elevator	None
Air Conditioning	Y
Basement	Y
Garage Type	None
Parking Spaces	2
Heat Type	Gas Hot Water
Net Income Before Debt	$75,092
Year Expenses	$2,023
Expenses Actual/Estimated	Act
Outside Storage	Y
Area Influences	Public Transit
Sprinklers	N
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	Commerical
Seller Property Info Statement	N

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1918 Gerrard St E, Toronto, ON M4L 2C1

Commercial/Retail

1918 Gerrard St E Toronto, ON M4L 2C1 | Woodbine Corridor

1918 Gerrard St E
Toronto, ON M4L 2C1 | Woodbine Corridor