205 Gerrard Street E, Toronto, ON, M5A 2E7

CAD 2,700,000
For Sale MLS: C12930348

Property Details

Property Type

Investment

Description

Property Details: - Type: Investment - Bedrooms: 0 - Bathrooms: 0 - MLS#: C12930348 Listed By: JONES LANG LASALLE REAL ESTATE SERVICES, INC.

PRIME CABBAGETOWN INVESTMENT OPPORTUNITY - 9-SUITE RESIDENTIAL BUILDING Well-maintained 9-suite apartment building located at Gerrard St E and Sherbourne in strategic downtown location. Features 4 studios, 4 one-bed, 1 two-bed suites and 2 surface parking spaces. Separate metering for gas and hydro and Independent HVAC systems per suite. The building has shared laundry facilities with card system. Neighbourhood features cafes, boutique shops, and active cultural scene that gives it a distinctly hip character within Toronto's core. ATTRACTIVE ASSUMABLE FINANCING: Currently financed with assumable CMHC insured first mortgage at well below current market interest rate with an attractive loan to value. Terms of existing mortgage: Outstanding Balance (March 2026): $2,180,812 | Interest Rate: 2.67% | Monthly Payments: $8,197 | Maturity: September 1, 2029 This investment home located at 205 Gerrard Street E, Toronto is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $2,700,000 with an estimated mortgage of $9,938* per month. It has beds, bathrooms, and is 2,884 square feet. 205 Gerrard Street E, Toronto is in the Moss Park neighborhood Toronto. Waterfront Communities C8, Church Yonge Corridor and Regent Park are nearby neighborhoods.

Location

Address

205 Gerrard Street E, Toronto, ON, M5A 2E7

City

Toronto

Features and Finishes

None

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