1415 Gerrard Street E Toronto, ON M4L 1Z5
Inscription par: PropTX - IDX / Listed By: Realty Network

  1415 Gerrard Street E Toronto, ON M4L 1Z5

En vigueur
2 739 165 $ (USD)
11
CAC
8
SDB
5000 +
PI. CA.

Description

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with a full basement plus five high-end residential apartments above. Situated on a high-exposure corner lot with over 7,000 sq. ft. of leased space and three on-site parking spaces, this is a low-maintenance, cash-flowing asset ideal for investors. The government-subsidized daycare tenant has recently signed a 10-year lease extension with scheduled rent increases from $32.00 to $44.00 per sq. ft. net over the lease term. All residential units are exempt from rent control, allowing annual rent increases as permitted under Ontario's post-November 2018 rules. The property currently generates approximately $220,000 NOI with a 5.54% cap rate, increasing to approximately $230,000 NOI and a 5.78% cap rate next year through scheduled rent increases. The seller is offering a 75% Vendor Take-Back (VTB) mortgage at 6.49% interest, fully open for two years to qualified buyers, allowing for positive cash flow while servicing debt. Simply acquire and enjoy this fully upgraded, income-producing asset. Contact us today for the full listing package!

MLS®:
E12971250
Les impôts
$1,330,000(2025)
Catégorie
Condo
Style
Other
Ville
Toronto
Communauté
Greenwood-Coxwell

Listed By

Realty Network
Source
PropTX - IDX
Dernière vérification Sep 1 2026 à 2:05 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Other
Caractéristiques de la propriété
  • Foundation: Poured Concrete
Chauffage et refroidissement
  • Other
Informations sur les sous-sols
  • Full
  • Partially Finished
Informations sur le pool
  • None
Caractéristiques extérieures
  • Aluminum Siding
  • Metal/Steel Siding
  • Toit: Flat
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Electric
  • Energy: Energy Certificate: No
Garage
  • None
Stationnement
  • Lane

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Août 11, 2026
Prix modifié
3 799 990 $
-5%
-200 000 $
Juin 22, 2026
Prix modifié
3 999 990 $
-5%
-195 910 $
Mai 12, 2026
Prix modifié
4 195 900 $
-2%
-99 100 $
Alimenté par Walk Score®
Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/1/26 07:05