1659 Gerrard ST E, Toronto E02, ON M4L 2A9
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1659 Gerrard ST E, Toronto E02, ON M4L 2A9
1659 Gerrard ST E, Toronto E02, ON M4L 2A9
1659 Gerrard ST E, Toronto E02, ON M4L 2A9
1659 Gerrard ST E, Toronto E02, ON M4L 2A9
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Justyna Waz

Justyna Waz

+1(647) 208-1815
$ 1,998,000
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1659 Gerrard ST E Toronto E02, ON M4L 2A9

8 Beds

8 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto E02

Subdivision Woodbine Corridor

MLS Listing ID E13689622

Style 2-Storey

Bedrooms 8

Annual Tax Amount $6,794

Tax Year 2026

Property Sub-Type Detached

Property Description

A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets, entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenance features that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full, offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools - a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straightforward opportunity to add a well-located, income-producing asset to your portfolio.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Rooms

Basement Partially Finished, Separate Entrance

Kitchen 8

Interior

Interior Features Water Heater Owned, Water Meter, In-Law Suite, Floor Drain, Carpet Free, Accessory Apartment

Cooling None

Inclusions 8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT owned, 7 exhaust fan, Boiler Rental.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Unknown

Lited by RE/MAX REALTY SPECIALISTS INC.
Justyna Waz

Justyna Waz

Broker

+1(647) 208-1815

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1659 Gerrard ST E