1659 Gerrard

Home Details

Description

Experience the freedom of managing your own tenants with this exceptional multi-unit residential property. This well-maintained building features six apartments across two floors, along with two one-bedroom apartments in the basement, each boasting ample natural light from their windows. The basement also houses a laundry room, generating additional income.The property includes designated parking, offering four regular spots and an additional one for tenants who wish to rent a space at $50 per month. The building has been meticulously cared for over the years, with recent updates to the windows, roof, and driveway ensuring a modern and clean living environment.All tenants are AAA+ rated, ensuring a stable and pleasant community. This corner lot not only provides a steady income but also promises appreciation in value. Embrace the rewarding experience of running this income-generating property and enjoy the benefits of owning a well-located, highly desirable multi-unit residence.

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Additional media

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Property taxes

$6,003.13 per year / $500.26 per month

Basement

Part Fin

Basement

Sep Entrance

Year build

-

Type

Detached

Bedrooms

6 + 2

Bathrooms

8

Parking spots

4.0 Total

Floor

-

Balcony

-

Pool

None

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Water

Fire place(s)

N