- For Sale -

1415 Gerrard St E

For Sale

Property Description

InTrust. is excited to offer for sale 1415 Gerrard Street East, a mixed-use multifamily building at the corner of Gerrard Street East and Hiawatha Road, located in the Leslieville –Upper Beaches neighbourhood. A truly rare, once in a lifetime opportunity for investors to acquire a newly constructed, impressive trophy high income property with no rent control. 

This remarkable asset is a 4,737 square foot mixed-use multifamily building that currently consists of one commercial unit at grade and five brand new condo style luxury residential units.  The commercial unit at grade is occupied by a well-established, Triple AAA in demand community day care. The residential units are very spacious, made of the highest quality craftsmanship and modern finishes, soaring high ceilings, high-end appliances including separate laundry for each unit. All mechanicals, electrical, and HVAC are new and tenants pay for all utilities. Due to the high-end amenities and features this building offers, as well as the premium location, it has the highest caliber tenant profile. An extremely easy building to own with little management required.