$1,400,000
Available - For Sale
Listing ID: C12226217
137 Gerrard Stre East , Toronto, M5A 2E3, Toronto
| An excellent opportunity to acquire a fully legal triplex located just steps from Toronto Metropolitan University, Allan Gardens, transit, and the downtown core. Close to George Brown College and U of T. This well-maintained property offers three self-contained two-bedroom units, each with private outdoor space and individual ensuite laundry for added convenience and tenant appeal. All units are fully renovated, modern with functional layouts. The top floor unit is a one-and-a-half-storey suite featuring two bedrooms, two bathrooms, a wall-mounted air conditioning unit, and a walk-out to a private rooftop deck with expansive city views. The top floor apartment can easily be turned into a three or even four bedroom to maximize number of tenants if desired, and has been both in the past. The main floor unit includes two bedrooms and a flexible third room that can function as either a living room or an additional bedroom, along with direct walk-out access to the backyard. The lower level unit is a spacious two-bedroom suite with 8 foot ceilings, natural light and a new sub pump. Rear laneway access leads to two dedicated parking space (shed would need to be moved for both parking spaces to be used. Can still be kept on site for storage).The property sits on a 17.08 ft x 96 ft lot. Property falls outside the local heritage zone and is part of an assembly that has received interest from developers in the past. 137 Gerrard St E. is ideal for investors seeking a turn-key income property, owner-occupiers looking to offset their mortgage, or buyers interested in multi-generational living. |
| Price | $1,400,000 |
| Taxes: | $6423.00 |
| Assessment Year: | 2024 |
| Occupancy: | Owner |
| Address: | 137 Gerrard Stre East , Toronto, M5A 2E3, Toronto |
| Directions/Cross Streets: | Gerrard and Jarvis |
| Rooms: | 10 |
| Rooms +: | 3 |
| Bedrooms: | 4 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 10.59 | 11.94 | Hardwood Floor, French Doors, Bay Window |
| Room 2 | Main | Dining Ro | 13.02 | 14.43 | Hardwood Floor, Ceiling Fan(s) |
| Room 3 | Main | Kitchen | 6.86 | 16.3 | Laminate, Galley Kitchen |
| Room 4 | Main | Bedroom | 9.54 | 12.56 | Hardwood Floor, Overlooks Backyard, Closet |
| Room 5 | Main | Bedroom 2 | 8.99 | 12.43 | Hardwood Floor, Ceiling Fan(s), W/O To Deck |
| Room 6 | Second | Living Ro | 16.79 | 9.87 | Bamboo, Juliette Balcony, Pot Lights |
| Room 7 | Second | Bedroom | 9.28 | 12 | Bamboo, Double Closet, Overlooks Backyard |
| Room 8 | Second | Dining Ro | 9.02 | 9.77 | Laminate, Combined w/Kitchen, Pot Lights |
| Room 9 | Second | Kitchen | 8.99 | 9.12 | Hardwood Floor, Overlooks Backyard, Skylight |
| Room 10 | Third | Primary B | 9.05 | 15.61 | Bamboo, 3 Pc Ensuite, W/O To Deck |
| Room 11 | Lower | Living Ro | 10.3 | 22.63 | Laminate |
| Room 12 | Lower | Kitchen | 6.69 | 11.51 | Laminate, Double Sink |
| Room 13 | Lower | Recreatio | 10.82 | 15.74 | Laminate, Bay Window, Combined w/Laundry |
| Room 14 | Lower | Bedroom | 9.05 | 15.61 | Laminate, Large Window, Closet |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Third |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 4 | Basement |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Third |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 4 | Basement |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Third |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Main |
| Washroom Type 14 | 4 | Basement |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2 1/2 Storey |
| Exterior: | Stucco (Plaster) |
| Garage Type: | None |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Lane |
| Park #2 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX HALLMARK REALTY LTD. |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $6,423 |
| Beds: | 4+2 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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