109 GLOUCESTER STREET new

Toronto (church-yonge Corridor),ON M4Y1M2

$ 1950000

6 Beds

4 Baths

3000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $650

Subdivision Church-Yonge Corridor

MLS Listing ID C12481572

Bedrooms 6

Source Toronto Regional Real Estate Board

Property Description

Rare opportunity to acquire a Legal Tri-Plex in the heart of Downtown, with potential to easily convert to a 4 PLEX. Numerous large-scale developments in the area. Huge upside potential as there is a high-probability for this property to be included in a land-assembly for future area development (various options currently being discussed). Property needs work and offered in an As-Is condition, however can be renovated into 3-4 beautiful rental units commanding $120k-$150k/year revenue. Many original character features include exposed brick throughout, soaring-high 10ft ceilings on the Main & Second Floors and 9Ft ceilings on Third floor, crown-moulding & trim work, original front door, etc. Front pad parking has been in continuous use for over 60 years (contact Listing agent for info on parking). (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 5.9 m X 5.4 m Living room

Extra Room 2 Second level 3.8 m X 3.7 m Kitchen

Extra Room 3 Second level 2.9 m X 2.7 m Bedroom

Extra Room 4 Second level 4 m X 3.3 m Bedroom

Extra Room 5 Third level 4.6 m X 3 m Bedroom

Extra Room 6 Third level 4.9 m X 4.3 m Living room

Interior

Heating Radiant heat

Cooling Wall unit

Flooring Hardwood,Vinyl

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

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