$1 FOR SALE

Detached

Bedrooms: 6+2Bathrooms: 8Lot: 25 x 110 ft

1659 Gerrard Street E
Toronto (Woodbine Corridor), ON M4L 2A9

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:47423)

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Listed By RIGHT AT HOME REALTY, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8469026
Last Updated Sep 03, 2024
Property Summary
Property Type Detached

More like this:
Community Woodbine Corridor
Price History
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Detailed Information
Bedrooms 6+2
Bathrooms 8
Lot 25 x 110 ft
Amenities Nearby Beach, Hospital, Park, Public Transit, Schools
Features Carpet Free, In-Law Suite
Listing Contract Date 2024-06-21
Location Description Coxwell/Woodbine/Gerrard
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Zoning Description Rd 1.0
Building
Appliances Water Heater, Water meter, Dryer, Refrigerator, Stove, 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
Total Size 25 x 110 FT ; irregular | under 1/2 acre
Amenities Beach, Hospital, Park, Public Transit, Schools
Sewer Sanitary sewer
Size of Irregular Land 25 x 110 FT ; irregular

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