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210 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town)
2026-05-21
Quick Summary
- Location
- 210 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town), Ontario M5A2E6
- Price
- $1,799,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1593 sqft
- Bathrooms:
- 4
- Garages:
- 1
MLS®#C13152164
Property Description
5.8% cap rate! Cabbagetown Heritage zone. Rare opportunity to acquire a fully gutted and renovated, turnkey four-unitinvestment property in the heart of downtown Toronto, offering a strong 5.8% cap rate andexceptional attention to detail throughout. Extensively upgraded while preserving thebuilding's historic character. Upgrades include custom Ohio-made heritage brickwork (2023) matched to the original 1890 brick dimensions, newer peak roof shingles (2024), updated ABS drain systems with backflow prevention (2022), an interior weeping tile system (2022), and enhanced exterior stormwater drainage infrastructure (2022), new eaves (2023).The property features four fully gutted and renovated (2022/2025/2026) self-contained furnished apartments with separate entrances, modern finishes, programmable touchpad entry systems, centralized internet/network infrastructure, security cameras, a Doorbird smart entry system, forced air gas heating and A/C, and legal fire safety systems approved by certified installers. Units include a mix of private decks, BBQ areas, skylights, heated flooring (Apt 2 - bedroom only), a gas fireplace, in-suite laundry, and updated kitchens and baths. Currently configured as: 2 x two-bedroom units 1 x one-bedroom unit 1 x two-level owner's suite. Ideal for investors seeking stable income, furnished rental potential, multi-generational living, or short/mid-term rental opportunities (buyer to verify use). One rear parking space included. Offered substantially furnished with only limited exclusions. One unit (owner occupied) will be vacant on closing. Property listed as Heritage. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Appliances: Dishwasher, Dryer, Washer
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 1593 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 13.5 x 120 FT
Zoning
- Description: CR1.5(c1;r1*1906)
Information entered by HARVEY KALLES REAL ESTATE LTD.
Listing information last updated on: 2026-06-25 18:40:48
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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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