Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1415 Gerrard Street E, Toronto E01, ON M4L 1Z5 (Hiawatha Rd)
$ 4195900 - MLS : E12890406

From Our Gallery

Description

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers. 3 parking spots are for the main floor commercial tenant which they made into a patio.

Location Description

Hiawatha Rd

Property Detail

Community: Greenwood-Coxwell
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 20361.16

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Other

Listing Contracted With: REALTY NETWORK

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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