$ 1
1659 Gerrard ST E Toronto E02, ON M4L 2A9
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
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Est. payment /mo
Active
1659 Gerrard ST E Toronto E02, ON M4L 2A9
6 Beds
8 Baths
UPDATED:
06/24/2024 03:34 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID E8469026
Style 2-Storey
Bedrooms 6
Annual Tax Amount $6,003
Tax Year 2023
Property Description
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.
Location
Province ON
County Toronto
Rooms
Family Room No
Basement Partially Finished, Separate Entrance
Kitchen 8
Separate Den/Office 2
Interior
Interior Features Water Heater Owned, Water Meter, In-Law Suite, Floor Drain, Carpet Free, Accessory Apartment
Heating Yes
Cooling None
Fireplace No
Exterior
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 4
Building
Unit Features Beach,Hospital,Park,Public Transit,School
Foundation Unknown
Listed by RIGHT AT HOME REALTY, BROKERAGE