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About the Listing 083900 -
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).
Listing Highlights for 109 Gloucester St
Status
Pending
Days on Site
11
Property Type
Multi-Family
MLS ®
C12481572
Year Built
Total Square Footage
3,000
Lot/Acreage
2945
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating:
- Fireplaces: Natural Gas,Wood
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Partially Finished
- Other: In-Law Suite
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Slate,Asphalt Shingle,Asphalt Rolled
- Others:
- Sewer: Sewer
Financial Details
- Tax Amount: $9,916
- Taxes w/Assessments: N/A
- Tax/Property ID: 211060215
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
109 Gloucester St Toronto, ON M4Y 1M2
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