5 Beds 4 Bath

109 Gloucester Street, Toronto C08, ON M4Y 1M2

Toronto C08 M4Y 1M2 Ontario

MLS: C12481572

$1,950,000

Added 5 days ago | For Sale

Listed by: REAL ESTATE HOMEWARD

About Property

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).

Features

  • House Style:Triplex
  • Bathrooms:4
  • Land Size: 23.75 X 124
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Jarvis & Bloor
  • Basement:Separate Entrance,Partially Finished , Separate Entrance,Partially Finished
  • Possession Date:30 days / TBA
  • Annual Property taxes: $9916
  • Bedrooms:5 +1
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:C12481572

Level Type Features Dimensions
Ground Living Room Bay Window, Gas Fireplace, Crown Moulding 19 ft, 4 in x 12 ft, 2 in
Dining Room Hardwood Floor, Crown Moulding, Large Window 12 ft, 6 in x 9 ft, 2 in
Kitchen W/O To Garden, Large Window 20 ft, 4 in x 15 ft, 1 in
Bedroom Hardwood Floor, Large Window, Large Closet 13 ft, 1 in x 10 ft, 10 in
Den Walk-Out, Hardwood Floor, Large Window 15 ft, 1 in x 6 ft, 7 in
Second Living Room Bay Window, W/O To Terrace, Brick Fireplace 19 ft, 4 in x 17 ft, 9 in
Kitchen Combined w/Great Rm, Hardwood Floor, Large Window 12 ft, 6 in x 12 ft, 2 in
Bedroom Hardwood Floor, Large Window 9 ft, 6 in x 8 ft, 10 in
Bedroom W/O To Balcony, Hardwood Floor, Closet 13 ft, 1 in x 10 ft, 10 in
Third Bedroom Hardwood Floor, Closet, Large Window 15 ft, 9 in x 10 ft, 6 in
Bedroom Hardwood Floor, Large Window, Closet 15 ft, 1 in x 9 ft, 10 in
Living Room Hardwood Floor, Open Concept, 3 Pc Bath 16 ft, 1 in x 14 ft, 1 in
Kitchen W/O To Terrace 13 ft, 5 in x 10 ft, 6 in
Basement Bedroom Above Grade Window, Vinyl Floor, Pot Lights 26 ft, 3 in x 18 ft, 4 in
Furnace Room 13 ft, 9 in x 6 ft, 7 in
Utility Room Above Grade Window, Walk-Out 20 ft, 4 in x 15 ft, 9 in

No property rooms available.

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