3387 sqft
Partially Air Conditioned
Forced Air
$2,488,000
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*. *5.6% 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:58428)
Property Details
MLS® Number
|
C8422740 |
Property Type
|
Retail |
Community Name
|
Cabbagetown-South St. James Town |
AmenitiesNearBy
|
Highway, Public Transit |
Building
CoolingType
|
Partially Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
SizeExterior
|
3387 Sqft |
SizeInterior
|
3387 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Highway, Public Transit |
SizeDepth
|
128 Ft |
SizeFrontage
|
19 Ft |
SizeIrregular
|
Bldg=19.69 X 128.9 Ft |
SizeTotalText
|
Bldg=19.69 X 128.9 Ft |
ZoningDescription
|
Multi-use (2 Commercial / 2 Residential) |
https://www.realtor.ca/real-estate/27017440/261-gerrard-street-e-toronto-cabbagetown-south-st-james-town