Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence.
Basic Details
Mls Status: New
Modification Timestamp: 2024-06-24T03:34:51Z
Originating System Name: TRREB
Basic Details
Property Type: Residential
Property Sub Type: Detached
Listing ID: E8469026
Listing Type: For Sale
Price: $1
Bedrooms: 8
Bathrooms: 8
Office Name: RIGHT AT HOME REALTY
Listing Status: Active
Roof: Asphalt Shingle
Address Map
ProvinceON
CityToronto E02
PostalM4L 2A9
Street: Gerrard
Street Number: 1659
Street Suffix: Street
Zoning: Rd 1.0
Direction Faces: South
Street Dir Suffix: E
Features
Swimming Pool: None
Cooling System: None
Basement: Separate Entrance, Partially Finished
Parking: Private
Architectural Style: 2-Storey
Interior Features: Carpet Free, In-Law Suite, Water Heater Owned, Water Meter, Floor Drain, Accessory Apartment