$ 2,299,000
261 Gerrard ST E Toronto C08, ON M5A 2G1
Schedule a Tour
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
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 ST E Toronto C08, ON M5A 2G1
3,387 SqFt
UPDATED:
11/08/2024 05:20 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,387 sqft
Price per Sqft $678
MLS Listing ID C8422740
Annual Tax Amount $4,855
Tax Year 2023
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.*
Location
State ON
County Toronto
Community Major Highway, Public Transit
Area Cabbagetown-South St. James Town
Region Cabbagetown-South St. James Town
City Region Cabbagetown-South St. James Town
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features No
Listed by ROYAL LEPAGE ESTATE REALTY