1395 Gerrard Street

Toronto, ON M4L 1Z3 ( Greenwood-Coxwell)

Quick Facts

Type: Multiplex

Style: Other

Size: Sq Ft

Age: Years

Taxes: $ 23,858 ( 2024)

Updated: 2026-01-12 15:45:16

Description

This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, you\'ve got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2026. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.

Extras

Multiplex

Property

Status: For Sale

MLS #: E12103997

Price: $ 5,795,000

Address: 1395 Gerrard Street

Type:

Style: Other

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 23,858

Tax Year: 2024

Lot Size:

Neighbourhood: Greenwood-Coxwell

Nearest Intersection: Gerrard St E & Greenwood

City: Toronto

Postal Code: M4L 1Z3

DOM: 66 Days

Last Update: 2026-01-12 15:45:16

Building

Interior

Bedrooms: 23

Bathrooms: 12

Rooms: 0

Kitchens: 20

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Other

Garage Spaces:

Parking Spaces: 7.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Other

Heat Source: Other

Air Conditioning: None

Water:

Sewers:

Features

Rooms