$1,195,000
Available - For Sale
Listing ID: C13003632
243 Gerrard Street East , Toronto, M5A 2G1, Toronto
| Rare investment opportunity in the heart of Cabbagetown for the first time in 20 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors.**Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefits from steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. The surrounding neighbourhood continues to experience solid re-investment. The interior showcases beautiful period proportions with high ceilings, incredible accoustics, skylights and glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south-facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access to the backyard -ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th century architecture with its fine-grain and classic brick facade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. The opportunities are endless for investors, owner-operators, or buyers seeking a character-rich property with a long-term upside |
| Price | $1,195,000 |
| Taxes: | $6824.49 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 243 Gerrard Street East , Toronto, M5A 2G1, Toronto |
| Postal Code: | M5A 2G1 |
| Province/State: | Toronto |
| Legal Description: | PT LT 37 BLK A PL D138 TORONTO AS IN CA6 |
| Directions/Cross Streets: | Parliament St. & Gerrard St. East |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 2119.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1400 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Subways |
| Approximatly Age: | 100+ |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| SOTHEBY'S INTERNATIONAL REALTY CANADA |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Approximate Age: | 100+ |
| Tax: | $6,824.49 |
| Baths: | 3 |
| Fireplace: | N |
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