Type: Detached
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 6,794 ( 2026)
Updated: 2026-08-19 19:02:02
A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets, entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenance features that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full, offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools - a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straightforward opportunity to add a well-located, income-producing asset to your portfolio.
Detached
Status: For Sale
MLS #: E13689622
Price: $ 1,998,000
Address: 1659 Gerrard Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 6,794
Tax Year: 2026
Lot Size:
Neighbourhood: Woodbine Corridor
Nearest Intersection: Gerrard St E and Coxwell
City: Toronto
Postal Code: M4L 2A9
DOM: 26 Days
Last Update: 2026-08-19 19:02:02
Bedrooms: 8
Bathrooms: 8
Rooms: 0
Kitchens: 8
Family Room:
Fireplace:
Basement: Partially Finished Separate Entrance,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 5.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Water
Heat Source: Gas
Air Conditioning: None
Water:
Sewers: