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2396 GERRARD STREET E, Toronto (East End-Danforth) — listed at $970,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
In-place income. Build six storeys as of right, and build and sell laneway housing. Potential for 26 units in total. Opportunity to purchase together with the property next door. Buyer is responsible for conducting their own due diligence. Great School District W Adam Beck & Malvern... This Lovely Open Concept Upper Beach House Has It All. Close To All Kinds Of Shopping, Restaurants, Transportation, Parks, Trails & The Beach. Large Fenced In Garden That Is Perfect For Entertaining + On Site Parking. There Have Been Many Updates In Past 10 Years. The Basement Is High & Good Space To Work With If You Want To Finish. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.02 x 4.57 meters |
| Dining room | Main level | 6.02 x 4.57 meters |
| Kitchen | Main level | 3.56 x 2.82 meters |
| Eating area | Main level | 2.87 x 2.44 meters |
| Primary Bedroom | Second level | 3 x 2.74 meters |
| Bedroom 2 | Second level | 3.12 x 2.44 meters |
| Laundry room | Basement | 5.89 x 4.37 meters |
| Other | Basement | 3.51 x 2.79 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,295, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey single family. The 2 bedrooms and 1 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Who is 2396 GERRARD STREET E best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
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