2147 Gerrard St E
East End-Danforth, Scarborough, M4E 2C1
FOR SALE
$5,999,900
Sold
$5,275,000
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4 + 2
BEDROOMS28
BATHROOMS9 + 9
KITCHENS24
ROOMSE5798331
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-10-18 | 2023-03-09 | 146 | $5,999,900 | $5,275,000 | Sold |
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Property 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
Nearby Intersections
Victoria Park & Danforth (128)
Kingston & Main (35)
Danforth & Woodbine (25)
Woodbine & Gerrard (36)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 125'
Fronting
South
Taxes
$42,877 (2021)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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