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:49542)
| MLS® Number | E8469026 |
| Property Type | Single Family |
| Community Name | Woodbine Corridor |
| Amenities Near By | Beach, Hospital, Park, Public Transit, Schools |
| Features | Carpet Free, In-law Suite |
| Parking Space Total | 4 |
| Bathroom Total | 8 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Appliances | Water Heater, Water Meter, Dryer, Refrigerator, Stove, Two Stoves, Washer |
| Basement Development | Partially Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (partially Finished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Beach, Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Irregular | 25 X 110 Ft |
| Size Total Text | 25 X 110 Ft |
https://www.realtor.ca/real-estate/27079385/1659-gerrard-street-e-toronto-woodbine-corridor
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