2343 Gerrard Street E Toronto, Ontario M4E 2E6

$2,950,000

A rare and compelling investment opportunity - a brand-new, turn-key, purpose-built fourplex delivering ongoing revenue and long-term growth potential. Comprising four spacious 2-bedroom, 2-bathroom residences totaling 4,774 sq ft, this fully detached building was constructed from the ground up by an experienced builder and is offered well below replacement cost. Each suite is thoughtfully designed with premium finishes, hardwood floors, custom kitchens with gas cooktops and large islands, stylish washrooms, independent heating and cooling systems, and generous outdoor areas including private yards, balconies, and a rooftop terrace. With four income-generating units ready for occupancy, this is an exceptional opportunity to secure steady rental income today while positioning yourself for substantial appreciation over time - a rare, high-quality asset built for enduring performance in Toronto's evolving housing market. (id:61215)

Property Details

MLS® Number	E12532170
Property Type	Business
Community Name	East End-Danforth
Parking Space Total	3

Building

Age	0 To 5 Years
Cooling Type	Fully Air Conditioned
Heating Fuel	Electric
Heating Type	Forced Air
Size Interior	4,774 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	150 Ft
Size Frontage	30 Ft
Size Irregular	30 X 150 Ft
Size Total Text	30 X 150 Ft
Zoning Description	Tbc

https://www.realtor.ca/real-estate/29090816/2343-gerrard-street-e-toronto-east-end-danforth-east-end-danforth