We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
261 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town)
2024-06-10
Quick Summary
- Location
- 261 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town), Ontario M5A2G1
- Price
- $2,488,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 3387ft2
MLS®#C8422740
Property Description
Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *5.6% Stabilized Cap Rate.* **** EXTRAS **** Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway, Public Transit
Building
- Cooling Type: Partially air conditioned
- Fireplace: No
- Interior Size: 3387 sqft
- Utility Water: Municipal water
Land
- Land Size: Bldg=19.69 x 128.9 FT
Zoning
- Description: Multi-Use (2 Commercial / 2 residential)
Information entered by ROYAL LEPAGE ESTATE REALTY
Listing information last updated on: 2024-09-04 00:03:06
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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