$1,998,000 | Woodbine Corridor Toronto for Sale at 1659 Gerrard Street E Toronto

Explore 1659 Gerrard Street E, a Desirable Woodbine Corridor home for sale for $1,998,000! This Woodbine Corridor for sale in Toronto has been listed on Real-Estate.ca for 33 days under MLS® #E13689622. This home is a Single Family with 8 bedrooms and 8.00 bathrooms. Parking is No Garage and it has a Partially finished, Separate entrance, N/A, N/A basement. Explore the Toronto real estate market and available Woodbine Corridor homes for sale!

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. (id:6289)

Woodbine Corridor Map, Demographics, Characteristics