760 Gerrard Street East – Offered at $1,499,000
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Superb Fully Updated Legal 15-Unit Building
- 12 bachelors; 3 1-Bdrm apartments
- Self-contained apartments
- Excellent return: Gross: $117,588;
- Net: $86,851; Cap Rate: 5.8%
- Never a vacancy
- Super is occupying one of the apartments
- 2-storey unfinished coach house at rear lane: Great bonus structure!
- Rapidly gentrifying area between Riverdale, South Riverdale & Leslieville
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