$ 2,299,000
261 GERRARD STREET E Toronto (cabbagetown-south St. James Town), ON M5A2G1
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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
$ 2,299,000
Est. payment /mo
Price Dropped by $189K
261 GERRARD STREET E Toronto (cabbagetown-south St. James Town), ON M5A2G1
3,387 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,387 sqft
Price per Sqft $678
Subdivision Cabbagetown-South St. James Town
MLS® Listing ID C8422740
Originating Board Toronto Regional Real Estate Board
Property Description
Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *6.13% Stabilized Cap Rate.* **** EXTRAS **** Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay. (id:24570)
Location
State ON
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE ESTATE REALTY