1431 & 1433 Gerrard Street, Toronto, ON M4L 1Z7 – Toronto – $2,990,000

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Description

An opportunity to buy a mixed use 3-story commercial building with four residential units on 2nd and 3rd floor. Main floor was used for restaurant (currently closed). Each tenant is separately metered. Property is located in Leslieville neighborhood which is one of the greenest neighborhoods in downtown Toronto. Close to DVP, Greenwood, Coxwell and Danforth stations, TTC service also available. The area on Gerrard Street East between Greenwood and Coxwell Avenues is known as Gerrard India Bazaar (a.k.a. Little India). This is the commercial center of Torontos East Indian community, where the smell of incense and the sound of music provide an exotic backdrop to the shops on this street. Property is equipped with full sprinkler system, pull station and smoke/heat detection system. This is an ideal property for an investor or end user alike.

Property Details

• Property Type: Commercial
• List Price: $2,990,000
• Lot Size (sq ft): 0.048
• Tax Year: 2024
• Annual Taxes: $16,078