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$ 2,080,000
Est. payment /mo
Price Dropped by $319K
608 Gerrard ST E Toronto E01, ON M4M 1Y3
4 Baths
3,000 SqFt
UPDATED:
01/16/2025 06:22 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $693
Subdivision North Riverdale
MLS Listing ID E10422497
Annual Tax Amount $13,986
Tax Year 2024
Property Description
Welcome to 608 Gerrard St E! This Unique User/Investor Opportunity Is Located In The Heart Of East Chinatown! Amazing Cash Flow Generating from Owning this Entire 3 Floor Building. THIS UNIT WILL BE DELIVERED IN VACANT POSSESSION!. MEANING YOU CAN CHARGE CURRENT MARKET VALUE RENT(S)!! Ground Floor is made up of a Commercial/Retail Space. Commercial Unit Has Multi-purpose Use Such as Restaurant, Pharmacy And Much More. Store is Located on 1st floor and Total of 3 Residential 2 Beds and 1 Bath Units in Basement (Fully Finished), on 2nd floor and on 3rd floor all with separate entrance. 3 Separate Hydro Meters, Electric Heating, Gas, Hot Water Tank. Excellent Riverside Location. Just Steps To Extremely Busy Gerrard/Broadview Intersection, Surrounded By Famous Restaurants, Transit, Shops and So Much More. Perfect to live/work and for rental income! Don't Miss Out on This Amazing Opportunity to Own This One of A Kind Property! Best of all you have parking downtown!!!
Location
State ON
County Toronto
Community North Riverdale
Area Toronto
Zoning Comm/Res
Interior
Cooling No
Inclusions 1 Washer, 1 Dryer, 3 Stove, Fridge, All Existing Electric Light Fixtures, 3 Central Air Conditioning
Exterior
Utilities Available Yes
Lot Frontage 27.09
Lot Depth 100.0
Building
Lot Description Irregular Lot
Others
Security Features No
Listed by CENTURY 21 LEADING EDGE REALTY INC.