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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

4 Baths

Save

Est. payment | -/mo

Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto C08

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C13152204

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $6,628

Tax Year 2025

Property Sub-Type Semi-Detached

Property Description

5.8% cap rate! Rare opportunity to acquire a fully gutted and renovated, turnkey four-unit investment property in the heart of downtown Toronto, offering a strong 5.8% cap rate and exceptional attention to detail throughout. Extensively upgraded while preserving the building's historic character. Upgrades include custom Ohio-made heritage brickwork (2023) matched to the original 1890 brick dimensions, newer peak roof shingles (2024), updated ABS drain systems with backflow prevention (2022), an interior weeping tile system (2022), and enhanced exterior stormwater drainage infrastructure (2022), new eaves (2023)The property features four fully gutted and renovated (2022/2025/2026) self-contained furnished apartments with separate entrances, modern finishes, programmable touchpad entry systems, centralized internet/network infrastructure, security cameras, a Doorbird smart entry system, forced air gas heating and A/C, and legal fire safety systems approved by certified installers. Units include a mix of private decks, BBQ areas, skylights, heated flooring (Apt 2 - bedroom only), a gas fireplace, in-suite laundry, and updated kitchens and baths. Currently configured as: 2 x two-bedroom units, 1 x one-bedroom unit, 1 x two-level owner's suite. Ideal for investors seeking stable income, furnished rental potential, multi-generational living, or short/mid-term rental opportunities (buyer to verify use). One rear parking space included. Offered substantially furnished with only limited exclusions. One uit (owner occupied) will be vacant on closing.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Zoning CR1.5(c1;r1*1906)

Rooms

Family Room No

Basement Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features None

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Natural Gas

Inclusions Entire property being sold fully furnished. 3 Washers & Dryers, 1 Washer/Dryer Combo, 1 A/C, 2 Built in Murphy Beds, 4 Fridges, 4 Stoves, 2 Dishwashers, 2 Furnaces

Exterior

Parking Features Available

Pool None

View City

Roof Type Unknown

Lot Frontage 13.5

Lot Depth 120.0

Total Parking Spaces 1

Building

Building Age 100+

Foundation Unknown

Others

Senior Community No

ParcelsYN No

Listed by HARVEY KALLES REAL ESTATE LTD.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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210 Gerrard ST E Toronto C08, ON M5A 2E6