294 Gerrard Street E

Attention Investors! An exceptional opportunity to acquire a fully leased 6-unit multi-residential property offering a high-performing rate of return on investment. Investors will benefit from a 5.5% going in CAP rate along with a 9.48% leveraged cap rate with 30% down--one of the best performing and maintained 6-unit buildings in central Toronto. Spread over approximately 4456 sq. ft. of rentable living space (including the basement and rear coach house), this well-maintained asset features a desirable unit mix of four 2-bedroom apartments and two 3-bedroom apartments, appealing to a broad range of tenants in a high-demand rental market. Significant improvements have been completed throughout the property, including updated kitchens, mechanical systems, decks, and improvements to major…

Property Type

Multiplex

Style

2-Storey

Lot Size

19 ft × 132 ft

Heating

Forced Air

Cooling

None

Basement

Apartment

Annual Taxes

$7,948 (2025)

MLS #

C13136412

Brokerage

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Days on Market

13 days

Estimated payment. Does not include property tax, insurance, or condo fees.

• Anniversary ParkPark
  35 m
• Parliament St at GerrardTransit
  55 m
• Avola College Of Hairstyling And EstheticsSchool
  554 m
• Canada's National Ballet SchoolSchool
  858 m
• Wellesley ParkPark
  921 m