$1,400,000Asking Price
An excellent opportunity to acquire a fully legal triplex located just steps from Toronto Metropolitan University, Allan Gardens, transit, and the downtown core. Close to George Brown College and U of T. This well-maintained property offers three self-contained two-bedroom units, each with private outdoor space and individual ensuite laundry for added convenience and tenant appeal. All units are fully renovated, modern with functional layouts. The top floor unit is a one-and-a-half-storey suite featuring two bedrooms, two bathrooms, a wall-mounted air conditioning unit, and a walk-out to a private rooftop deck with expansive city views. The top floor apartment can easily be turned into a three or even four bedroom to maximize number of tenants if desired, and has been both in the past. The main floor unit includes two bedrooms and a flexible third room that can function as either a living room or an additional bedroom, along with direct walk-out access to the backyard. The lower level unit is a spacious two-bedroom suite with 8 foot ceilings, natural light and a new sub pump. Rear laneway access leads to two dedicated parking space (shed would need to be moved for both parking spaces to be used. Can still be kept on site for storage).The property sits on a 17.08 ft x 96 ft lot. Property falls outside the local heritage zone and is part of an assembly that has received interest from developers in the past. 137 Gerrard St E. is ideal for investors seeking a turn-key income property, owner-occupiers looking to offset their mortgage, or buyers interested in multi-generational living.
An excellent opportunity to acquire a fully legal triplex located just steps from Toronto Metropolitan University, Allan Gardens, transit, and the downtown core. Close to George Brown College and U of T. This well-maintained property offers three self-contained two-bedroom units, each with private outdoor space and individual ensuite laundry for added convenience and tenant appeal. All units are fully renovated, modern with functional layouts. The top floor unit is a one-and-a-half-storey suite featuring two bedrooms, two bathrooms, a wall-mounted air conditioning unit, and a walk-out to a private rooftop deck with expansive city views. The top floor apartment can easily be turned into a three or even four bedroom to maximize number of tenants if desired, and has been both in the past. The main floor unit includes two bedrooms and a flexible third room that can function as either a living room or an additional bedroom, along with direct walk-out access to the backyard. The lower level unit is a spacious two-bedroom suite with 8 foot ceilings, natural light and a new sub pump. Rear laneway access leads to two dedicated parking space (shed would need to be moved for both parking spaces to be used. Can still be kept on site for storage).The property sits on a 17.08 ft x 96 ft lot. Property falls outside the local heritage zone and is part of an assembly that has received interest from developers in the past. 137 Gerrard St E. is ideal for investors seeking a turn-key income property, owner-occupiers looking to offset their mortgage, or buyers interested in multi-generational living.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 6.86' x 16.31' | Laminate, Galley Kitchen |
2 | Kitchen | Lower | 6.69' x 11.52' | Laminate, Double Sink |
1 3-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom |
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Moss Park, Toronto is a central Toronto neighbourhood notable for its singles, renters, arts & culture professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 64 and seniors aged 65 to 69.
Kids Per Family
0.9
kids per family
in the neighbourhood.
71%
of residents are
single and loving it.
71% singles
Toronto (50%)
85%
of residents
are renters.
85% renters
Toronto (47%)
42%
of residents are
university grads.
42% university grads
Toronto (48%)Average Household Income
$62K
is the average household
income in the neighbourhood.
Professions
Sales | 18% |
Government | 8% |
Business | 8% |
Management | 7% |
Culture | 6% |
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)4.7% from Ethiopia
All-time
1.2% from Ethiopia
Recent
Foreign Languages
French | 4% |
Spanish | 3% |
Arabic | 2% |
Bengali | 2% |
Somali | 2% |
Religions
Christian | 51% |
Muslim | 10% |
Hindu | 3% |
Buddhist | 2% |
Jewish | 2% |
Social Housing Buildings
22
Social housing buildings
in the neighbourhood.
Shelters
9
Homeless shelters in
the neighbourhood.