1659 Gerrard Street East, Toronto | Image 1

1659 Gerrard Street East

Toronto, Woodbine Corridor

  • 6 bed 8 bath
$1 est.*: $0/mo
For Sale

Added 5 months ago

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  • Type: Detached

  • Style: 2-Storey

  • Lot Size: 25 x 110 Feet

  • Age: No Data

  • Taxes: $6,003 per year

  • Days on Site: 3 Days

  • Added: Jun 20, 2024 (5 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: E8469026

  • Listed By: Right at home realty

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence.

Extras

8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT, 7 exhaust fan, Boiler Rental , some basic furnishing of unit 5

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Area: Toronto

  • Community: Woodbine Corridor

  • Availability Date: TBA

  • Assessment Amount: $901,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 6

  • Bedrooms Plus: 2

  • Bathrooms: 8

  • Kitchens: 6

  • Kitchens Plus: 2

  • Rooms: 13

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 8

Building

  • Basement: Part Fin

  • Basement 2: Sep Entrance

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Energy Certificate: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 3 Pl 460E Toronto As In Ca721351, S/T Ca7213

  • Taxes: $6,003

Highlights

  • Feature: Beach

  • Feature: Hospital

  • Feature: Park

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: Coxwell/Woodbine/Ger

  • Municipality District: Toronto E02

  • Fronting On: South

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 110 Feet

  • Lot Frontage: 25 Feet

  • Lot Irregularities: irregular

  • Acres: < .50

  • Zoning: Rd 1.0

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Very Walkable

  • Most errands can be accomplished on foot.
89 /100

Good Transit

  • Some errands can be accomplished by public transportation.
69 /100

Very Bikeable

  • Most errands can be accomplished on bike.
77 /100
JK-8

Equinox Holistic Alternative School

Elementary: Public
0.47 km
JK-6

ÉÉC Georges-Étienne-Cartier

Elementary: Catholic
0.27 km
JK-8

Roden Public School

Elementary: Public
0.40 km
JK-8

Earl Haig Public School

Elementary: Public
0.66 km
JK-8

Duke of Connaught Junior and Senior Public School

Elementary: Public
1.12 km
JK-8

Bowmore Road Junior and Senior Public School

Elementary: Public
0.34 km
9-12

School of Life Experience

Secondary: Public
1.11 km
9-12

Greenwood Secondary School

Secondary: Public
1.11 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
0.82 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
0.54 km
9-12

Danforth Collegiate Institute and Technical School

Secondary: Public
1.47 km
9-12

Riverdale Collegiate Institute

Secondary: Public
1.43 km
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