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Listed price in listed location currency (CAD).
$1,998,000

885

MLS® E13689622

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage None
Taxes $6,794
Days Active 21
Lot Size 
Approx. Age 
MLS® Number E13689622

Property Address: 1659 Gerrard St E, Toronto, ON, M4L2A9

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberE13689622
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementPartially Finished, Separate Entrance
DrivewayGarage Type:None
Garage Spaces
HeatGas, Water
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,998,000

For Sale · 20 days

$1,998,000

MLS® E13689622

20 days ago

Not Sold Yet

August 2026, For Sale for $1,998,000

For Sale · 20 days

$1,998,000

MLS® E13689622

20 days ago

Not Sold Yet

December 2024, Expired for $1

Expired · 181 days

$1

MLS® E8469026

2 years ago

Canceled on Dec 21, 2024

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