2147 GERRARD ST E Toronto Ontario E5798331

• MLS# E5798331
• Price $5,999,900.00
• Bedrooms 28
• Bathrooms 6
• Property Type House
• Transaction Type For sale

Description

30 Units! Upper Beaches! 14 Units Are Vacant. Easy To Show And Sell. Ready For The Smart Investor To Renovate And Attain Market Rents. Indieville Area, Avg House Price Is Over 1 Mill. All Existing Tenants To Be Assumed, No Vtb Avg Neighbourhood Income $116K (Geowarehouse) Ideal For The Long Term Investor. 6 X One Bedrooms, 24 X Bachelors/Micro Units. Recent Roof, Overall Condition Is Good. Ask La For More Info.**** EXTRAS **** Estimated Potential Income (After Renovations) Approx $500K Est. Expenses $107K, Est Net $390K Back Onto Large Park/Tennis Courts, Dog Park. Streetcar In Front, Close To Danforth Go Station (id:34918)