+5 more
About This Property
This investment in Toronto is available for your consideration. The property has cross street Gerrard and Oskenonton Lane, zoned CR1.5. The home features yes.
MLS Remarks
PRIME CABBAGETOWN INVESTMENT OPPORTUNITY - 9-SUITE RESIDENTIAL BUILDING Well-maintained 9-suite apartment building located at Gerrard St E and Sherbourne in strategic downtown location. Features 4 studios, 4 one-bed, 1 two-bed suites and 2 surface parking spaces. Separate metering for gas and hydro and Independent HVAC systems per suite. The building has shared laundry facilities with card system. Neighbourhood features cafes, boutique shops, and active cultural scene that gives it a distinctly hip character within Toronto's core. ATTRACTIVE ASSUMABLE FINANCING: Currently financed with assumable CMHC insured first mortgage at well below current market interest rate with an attractive loan to value. Terms of existing mortgage: Outstanding Balance (March 2026): $2,180,812 | Interest Rate: 2.67% | Monthly Payments: $8,197 | Maturity: September 1, 2029
Property History
MLS# C12930348| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 27, 2026 | Listed For Sale | C12930348 | $2,700,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
Property Typecommercial
Sub-Typeinvestment
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