210 Gerrard Street E, Toronto, ON M5A 2E6
Toronto C08, ON, M5A 2E6 · Cabbagetown-South St. James Town
About this property
5.8% cap rate! Rare opportunity to acquire a fully gutted and renovated, turnkey four-unit investment property in the heart of downtown Toronto, offering a strong 5.8% cap rate and exceptional attention to detail throughout. Extensively upgraded while preserving the building'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 uit (owner occupied) will be vacant on closing.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Semi-Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Lot Size | 1,593 Feet |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $6,628 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Unknown
- Basement
- Finished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 1
- Parking Total
- 1.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 1593.06
- Lot Size Units
- Feet
- Lot Depth
- 120.00
- Lot Width
- 13.50
Community & Neighborhood
- Property Features
- Library, Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $6,628
- Tax Year
- 2025
- Possession Type
- 60-89 days
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Rooms Below Grade
- 6
- Kitchens Above Grade
- 3
- Kitchens Total
- 4
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Toronto
- Cross Street
- Gerrard St E & Seaton St
- Directions
- Gerrard St E & Seaton St
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks
Location
210 Gerrard Street E, Toronto, ON M5A 2E6, Toronto C08, ON, M5A 2E6