1659 Gerrard Street E
Toronto (Woodbine Corridor), Ontario M4L2A9

6 beds · 8 baths · null

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 (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage

Stories 2

Bedrooms 6

Bathrooms 8

Parking 4

NeighbourhoodWoodbine Corridor

Land size 25 x 110 FT ; irregular|under 1/2 acre

Heating type Hot water radiator heat

Basement typeN/A (Partially finished)

Parking Type

Time on REALTOR.ca16 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RIGHT AT HOME REALTY, BROKERAGE

Powered by: REALTOR.ca

Home price

$1

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

-$180 / month

Rent -$41

Savings -$139

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$0 / month

Rent $0

Savings $0

Initial deposit 5%

Savings target Fixed at 5%

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