416-930-3890
1415 Gerrard St E, Toronto, ON for Sale
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate


OVERVIEW

InTrust. is excited to offer for sale 1415 Gerrard Street East, a mixed-use multifamily building at the corner of Gerrard Street East and Hiawatha Road, located in the Leslieville –Upper Beaches neighbourhood. A truly rare, once in a lifetime opportunity for investors to acquire a newly constructed, impressive trophy high income property with no rent control. This remarkable asset is a 4,737 square foot mixed-use multifamily building that currently consists of one commercial unit at grade and five brand new condo style luxury residential units. The commercial unit at grade is occupied by a well-established, Triple AAA in demand community day care. The residential units are very spacious, made of the highest quality craftsmanship and modern finishes, soaring high ceilings, high-end appliances including separate laundry for each unit. All mechanicals, electrical, and HVAC are new and tenants pay for all utilities. Due to the high-end amenities and features this building offers, as well as the premium location, it has the highest caliber tenant profile. An extremely easy building to own with little management required.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

CR

APN/PARCEL ID

190408322006000

ASK ABOUT THIS PROPERTY

Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

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Josef KhoudatovInTrust Commercial Real Estate Brokerage IncMore Info
416-930-3890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.