1395 Gerrard Street E, Toronto, ON M4L 1Z3
Toronto E01, ON, M4L 1Z3 · Greenwood-Coxwell
About this property
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 3 vacant units (2x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Other
- Heat Type: Other
- Heat Source: Gas
- Style: Other
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | Other |
| Bedrooms | 22 |
| Bathrooms | 16 |
| Lot Size | 6,006 Feet |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Other |
| Heat Source | Gas |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $24,891 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Rolled, Tar and Gravel
- Basement
- Finished
Heating & Cooling
- Heat Type
- Other
- Heat Source
- Gas
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
- Parking Total
- 7.00
- Parking Features
- Other
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 6006.26
- Lot Size Units
- Feet
- Lot Depth
- 120.16
- Lot Width
- 50.00
Financial & Tax
- Tax Annual Amount
- $24,891
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- T.B.D
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 60
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 19
- Kitchens Total
- 20
- Bedrooms Above Grade
- 21
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Toronto
- Cross Street
- Gerrard St E & Greenwood
- Directions
- W of Coxwell, S Side Gerrard
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks, Showing System, List Brokerage, List Salesperson
Location
1395 Gerrard Street E, Toronto, ON M4L 1Z3, Toronto E01, ON, M4L 1Z3