About 109 Gloucester Street
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 of 109 Gloucester Street
| MLS® # | C12481572 |
|---|---|
| Price | $1,950,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 3000-3500 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2 1/2 Storey |
| Status | Active |
Community Information
| Address | 109 Gloucester Street |
|---|---|
| Area | Toronto |
| Subdivision | Church-Yonge Corridor |
| City | Toronto C08 |
| Province | ON |
| Postal Code | M4Y 1M2 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | Other, Wall Unit(s) |
| Fireplace | Yes |
| Basement | Separate Entrance, Partially Finished |
| Kitchens | 3 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | REAL ESTATE HOMEWARD |
|---|