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2139 Gerrard Street, East End-Danforth M4E 2C1

Price

$1

Bedrooms

16 Beds

Bathrooms

16 Baths

Size

3000-3500 sqft

Year Built

100+

Property Type

House

Property Taxes

$21300

Description

16-unit rental apartment building in Toronto's Upper Beaches corridor. Excellent transit-connected location along Gerrard St E with excellent redevelopment and rental repositioning potential. Building is currently comprised of entirely bachelor units. Property requires significant renovation and capital improvement. Being sold strictly as-is, where-is with no representations or warranties. Buyer to assume all existing tenants. Ideal opportunity for developers, experienced investors, or those looking for a value-add multi-residential asset.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$2,276 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1

Total Interest Payments

$1

Total Payment (Principal + Interest)

$2

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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