ON > Toronto C08 > Church-Yonge Corridor
Toronto C08, ON M4Y 1M2,109 Gloucester ST
Toronto C08, ON M4Y 1M2,109 Gloucester ST
Toronto C08, ON M4Y 1M2,109 Gloucester ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,950,000
Est. payment /mo
6 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Church-Yonge Corridor

MLS Listing ID C12481572

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $9,916

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 124.0

Lot Front 23.75

Appx SqFt 3000-3500

Property Description

Rare opportunity to acquire a Legal Tri-Plex in the heart of Downtown, with potential to easily convert to a 4 PLEX. Numerous large-scale developments in the area. Huge upside potential as there is a high-probability for this property to be included in a land-assembly for future area development (various options currently being discussed). Property needs work and offered in an As-Is condition, however can be renovated into 3-4 beautiful rental units commanding $120k-$150k/year revenue. Many original character features include exposed brick throughout, soaring-high 10ft ceilings on the Main & Second Floors and 9Ft ceilings on Third floor, crown-moulding & trim work, original front door, etc. Front pad parking has been in continuous use for over 60 years (contact Listing agent for info on parking).

Location

Province ON

County Toronto

Community Church-Yonge Corridor

Area Toronto

Rooms

Family Room Yes

Basement Separate Entrance, Partially Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features In-Law Suite

Cooling Other, Wall Unit(s)

Fireplaces Number 2

Fireplaces Type Natural Gas, Wood

Inclusions Water boiler, ELF's, Window coverings, 3RD FLR: 30" Amana fridge, 30" Whirlpool electric range. 2ND FLR: 30" Kitchen Aid gas range, 24" Frigidaire counter depth fridge (3 yrs old), 18" Beaumaris dishwasher, 24" GE clothes washer, 24" GE electric clothes dryer. MAIN FLR: 30" Fisher & Paykel fridge, 30" Samsung gas range, 24" Fisher & Paykel twin drawer dishwasher. BSMT: 30" Whirlpool Fridge, 24" GE electric range, 29" Whirlpool washing machine (never used), 29" Whirlpool gas dryer (never used). 3 X portable A/C units. Heating system and most appliances in work condition, however ALL OFFERED AS-IS.

Exterior

Pool None

View Downtown

Roof Type Slate,Asphalt Shingle,Asphalt Rolled

Lot Frontage 23.75

Lot Depth 124.0

Total Parking Spaces 1

Building

Foundation Stone, Block

Others

Senior Community No

ParcelsYN No

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Listed by REAL ESTATE HOMEWARD

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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