1918 Gerrard Street East, Toronto | Image 1

1918 Gerrard Street East

Toronto, Woodbine Corridor

  • Commercial

$1,199,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: Commerical

  • Age: No Data

  • Taxes: 14184

  • MLS®#: E9390264

  • Days on Site: 35 Days

  • Added: Oct 08, 2024 (1 month ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: BOSLEY REAL ESTATE LTD.

Fully reno'd 2 storey mixed-use property. Vacant possession of main floor retail unit or an excellent investment opportunity producing Over a 6% cap rate based on Net income. Located in a vibrant neighbourhood retail node in the upper beaches.Configured as 3 beautiful residential units and 1 commercial storefront unit all occupied by stable tenants. Second floor tenant is month to month with possibility of vacant possession. Parking for 2 cars off the lane in rear.

Extras

Extensive recent renovations throughout including basement underpinning, electrical, plumbing, kitchens and baths.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Net Income: 75092

  • Area: Toronto

  • Community: Woodbine Corridor

  • Availability Date: 30 days/tba

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: N

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 37 PL 459E TORONTO AS IN CT328596; EXCEPT TH

  • Taxes: $14,184

  • Expenses: Act

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Gerrard & Woodbine

  • Municipality District: Toronto E02

  • Lot Depth: 92.29 Feet

  • Lot Frontage: 15.33 Feet

  • Zoning: Commerical

Commercial Specific

  • Retail Area: 265

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1742

  • Total Area Metric: Sq Ft

  • Office Size: 1477

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Business/Building Name: Retail unit plus 3 apartments.

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Very Walkable

  • Most errands can be accomplished on foot.
88 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
82 /100

Very Bikeable

  • Most errands can be accomplished on bike.
76 /100
JK-6

Norway Junior Public School

Elementary: Public
0.63 km
JK-6

ÉÉC Georges-Étienne-Cartier

Elementary: Catholic
0.68 km
JK-8

Earl Haig Public School

Elementary: Public
0.76 km
JK-6

Gledhill Junior Public School

Elementary: Public
0.80 km
JK-8

St Brigid Catholic School

Elementary: Catholic
0.82 km
JK-8

Bowmore Road Junior and Senior Public School

Elementary: Public
0.49 km
9-12

School of Life Experience

Secondary: Public
1.52 km
9-12

Greenwood Secondary School

Secondary: Public
1.52 km
9-12

Notre Dame Catholic High School

Secondary: Catholic
1.52 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
1.34 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
0.95 km
9-12

Malvern Collegiate Institute

Secondary: Public
1.54 km
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