1395 Gerrard Street E in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E13214710
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Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 3 vacant units (2x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Other
Total Approx Floor Area:
5000 +
Lot Depth:
120'2"36.6 m
Lot Frontage:
50'15.2 m
Lot Shape:
Rectangular
Direction Faces:
South
Bedrooms:
21+1
Bathrooms:
16.0
Water supply:
Municipal
Kitchens:
20
Kitchens in Basement:
1
Bedrooms Above Grade:
21
Bedrooms Below Grade:
1
Kitchens Above Grade:
19
Rooms Above Grade:
60
Rooms Below Grade:
3
Zoning:
CR 2.0 (c1.0; r2.0) SS2 (x1573)
Heating type:
Other
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Rolled, Tar and Gravel
Basement:
Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Other
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
T.B.D
Pool:
None
HST Applicable To Sale Price:
In Addition To, Not Subject to HST
Taxes:
$24,891.33 /
2025
Assessment:
$- /
-
Toronto
Toronto E01
Greenwood-Coxwell
None
Carbon Monoxide Detectors, Smoke Detector
None
All chattels and fixtures not belonging to the tenants. All unit appliances included. 2012 water heating with 2 new wall hung boilers and related equipment. Parking capability for 5 cars (permits to be obtained if possible) on sidewalk, parking for 2 cars inside gate.
All chattels and fixtures not belonging to the tenants. All window AC units if any.
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