1415 Gerrard Street E Toronto, Ontario M4L 1Z5
$3,749,990
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
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REALTORS® Association of Hamilton-Burlington
Realty Network
September 03 2026 06:32:12
