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Cabbagetown South
261 GERRARD STREET E
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261 GERRARD STREET E $2,299,000
$2,299,000
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261 GERRARD STREET E
Toronto (Cabbagetown-South St. James Town), Ontario M5A2G1

MLS® Number: C8422740

Listing 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. (35440180)

Location Description

Gerrard At Berkeley

Property Summary

Property Type
Retail
Community Name
Cabbagetown-South St. James Town
Land Size
Bldg=19.69 x 128.9 FT
Annual Property Taxes
$4,855
Time on REALTOR.ca
192 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
3387 sqft
Exterior Building Size
3387 sqft

Land

Lot Features
Frontage
19 ft ,8 in
Land Depth
128 ft ,10 in
Other Property Information
Zoning Description
Multi-Use (2 Commercial / 2 residential)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MATT WOOD
Salesperson
416-690-5100
Email
Book showing
ROYAL LEPAGE ESTATE REALTY
Brokerage
507 KING ST E
TORONTO, Ontario M5A1M3
416-690-5100
MATT WOOD