1415 Gerrard Street E Toronto, Ontario M4L 1Z5
$3,999,990
Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with a full basement plus five high-end residential apartments above. Situated on a high-exposure corner lot with over 7,000 sq. ft. of leased space and three on-site parking spaces, this is a low-maintenance, cash-flowing asset ideal for investors. The government-subsidized daycare tenant has recently signed a 10-year lease extension with scheduled rent increases from $32.00 to $44.00 per sq. ft. net over the lease term. All residential units are exempt from rent control, allowing annual rent increases as permitted under Ontario's post-November 2018 rules. The property currently generates approximately $220,000 NOI with a 5.54% cap rate, increasing to approximately $230,000 NOI and a 5.78% cap rate next year through scheduled rent increases. The seller is offering a 75% Vendor Take-Back (VTB) mortgage at 6.49% interest, fully open for two years to qualified buyers, allowing for positive cash flow while servicing debt. Simply acquire and enjoy this fully upgraded, income-producing asset. Contact us today for the full listing package! (id:43681)
房源概要
| MLS® Number | 40812208 |
| 房源类型 | Other |
| 附近的便利设施 | 医院, 公共交通, 学校 |
| 特征 | Southern Exposure, Visual Exposure, 铺设车道 |
详 情
| 地下室类型 | Full |
| 外墙 | 铝壁板, 灰泥 |
| 地基类型 | 混凝土浇筑 |
| 储存空间 | 3 |
| Size Exterior | 7260.0000 |
| 内部尺寸 | 7260 Sqft |
| 类型 | Residential Commercial Mix |
| 设备间 | 市政供水 |
土地
| 入口类型 | Rail Access |
| 英亩数 | 无 |
| 土地便利设施 | 医院, 公共交通, 学校 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 115 Ft |
| 土地宽度 | 18 Ft |
| 规划描述 | Cr2 (cl;r2*1573) |
设备间
| 配电箱 | 可用 |
| 天然气 | 可用 |
https://www.realtor.ca/real-estate/29479310/1415-gerrard-street-e-toronto
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Hamilton-Burlington
Realty Network
July 13 2026 05:20:01
