$2,599,999
Est. payment $11,512/moCalculate yours
1279-1281 Gerrard Street E, Toronto, ON M4L 1Y5
Greenwood-Coxwell, Toronto, ON M4L 1Y5
- 5 Beds
- 9 Baths
- 3,500 Sq Ft
Listing courtesy of Real Capital Group Inc. MLS® E13826232
About this home
Rare 9-Unit Investment Opportunity in Downtown Toronto!! Over $230k in Gross Annual Income! Exceptional opportunity to acquire two renovated, side-by-side properties on separate legal titles, offering a total of 9 units 7 residential apartments and 2 commercial spaces in a vibrant and high-demand Toronto neighbourhood. All units have been tastefully renovated from top to bottom and are tenanted with strong rental income in place. Located in the heart of the Greenwood-Coxwell area, known for its walkability, excellent transit access, and dynamic urban lifestyle. This thriving community is surrounded by shops, trendy cafes, and great restaurants, making it a hotspot for tenants and investors alike. A rare turnkey asset with immediate income and long-term appreciation potential in a downtown location.
Property details
Overview
- Property Type
- Store W Apt/Office
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 9
- Kitchens
- 7
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33.79 x 110.17 Feet
- Parking
- None garage · 7 total
Financial
- Property Taxes
- $19,701 (2025)
Location
- Neighbourhood
- Greenwood-Coxwell
- Cross Street
- Gerrard East / Greenwood
- Direction Faces
- South
Listing
- MLS® Number
- E13826232
- Days on Market
- 24
- Listed On
- 2026-09-24
- Possession
- TBD
- Listed By
- Real Capital Group Inc.
Features
Interior
- Carpet Free
Pool
- None
- Excluded
- Tenants Belongings
Mortgage calculator
Estimated mortgage payment
$11,512 per month
- Principal and interest
- $11,512
- Property tax
- $1,642
- Condo fees
- $0
- Estimated monthly cost
- $13,154
Your mortgage
- Mortgage amount
- $2,079,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,373,671
Cash to close
- Down payment
- $520,000
- Land transfer tax (Ontario + Toronto)
- $102,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $622,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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