A rare and compelling investment opportunity - a brand-new, turn-key, purpose-built fourplex delivering ongoing revenue and long-term growth potential. Comprising four spacious 2-bedroom, 2-bathroom residences totaling 4,774 sq ft, this fully detached building was constructed from the ground up by an experienced builder and is offered well below replacement cost. Each suite is thoughtfully designed with premium finishes, hardwood floors, custom kitchens with gas cooktops and large islands, stylish washrooms, independent heating and cooling systems, and generous outdoor areas including private yards, balconies, and a rooftop terrace. With four income-generating units ready for occupancy, this is an exceptional opportunity to secure steady rental income today while positioning yourself for substantial appreciation over time - a rare, high-quality asset built for enduring performance in Toronto's evolving housing market.
Address
2343 Gerrard Street E
List Price
$2,950,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto E02
Sub-Area
East End-Danforth
Region
Toronto
Lot Depth
150
Lot Type
Lot
Lot Size Units
Feet
Lot Width
30
Parcel Number
770750003
Total Building Area
4774
Occupant Type
Vacant
Cross Street
Gerrard and Hannaford
Approx. Age
0 - 5 Years
MLS® Number
E12532170
Listing Brokerage
RIGHT AT HOME REALTY
Basement
Yes
Postal Code
M4E 2E6
Posession Details
immediate
Parking Spaces
3
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None