Turn-key detached triplex in coveted South Riverdale with $83k NOI. Incredible growth potential with up to 6 units as-of-right. Add onto the existing structure, build a laneway suite or completely re-develop to highest and best use! Centrally located: close to Greenwood Park, great schools, restaurants and shopping, TTC and the downtown core. Take advantage of this exciting opportunity to access immedaite cash-flow, while you plan your newest development project.
Address
1111 Gerrard Street E
List Price
$1,649,000
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
3-Storey
Area
Toronto E01
Sub-Area
South Riverdale
County
Toronto
Bedrooms
5 + 2
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
97
Lot Size Units
Feet
Lot Width
25
Approx. Age
100+ Years
MLS® Number
E12259381
Listing Brokerage
LANDLORD REALTY INC.
Basement Area
Apartment
Postal Code
M4M 1Z9
Parking
Lane
Parking Places (Total)
1
Tax Amount
$6,409.74
Tax Year
2025
Exterior Features
Porch Enclosed
Interior Features
Carpet Free
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Waterfront
No
Sewer
Sewer