$1,799,900
4 days on market
5.8% cap rate! Rare opportunity to acquire a fully gutted and renovated, turnkey four-unit investment property in the heart of downtown Toronto, offering a strong 5.8% cap rate and exceptional attention to detail throughout. Extensively upgraded while preserving the building'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 uit (owner occupied) will be vacant on closing.
Listing provided by HARVEY KALLES REAL ESTATE LTD.
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Data last updated: June 3, 2026 at 04:27 p.m.
210 Gerrard Street E
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
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Top 50% of Ontario elementary schools
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Top 25% of Ontario secondary schools
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EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
333 within a 10-min walk · 1768 within 20 min · click a card to see the closest ones
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Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance