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$1,950,000
Available - For Sale
Listing ID: C12481572
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).
Price $1,950,000
Taxes: $9,916
Assessment Year: 2025
Occupancy by: Owner
Address: 109 Gloucester Stre , Toronto, M4Y 1M2, Toronto
Directions/Cross Streets: Jarvis & Bloor
Rooms: 13
Rooms +: 2
Bedrooms: 5
Bedrooms +: 1
Washrooms: 4
Family Room: T
Basement: Separate Ent
Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Living Ro 19.35 12.14 Bay Window, Gas Fireplace, Crown Moulding
Room 2: Ground Dining Ro 12.46 9.18 Hardwood Floor, Crown Moulding, Large Window
Room 3: Ground Kitchen 20.34 15.09 W/O To Garden, Large Window
Room 4: Ground Bedroom 13.12 10.82 Hardwood Floor, Large Window, Large Closet
Room 5: Ground Den 15.09 6.56 Walk-Out, Hardwood Floor, Large Window
Room 6: Second Living Ro 19.35 17.71 Bay Window, W/O To Terrace, Brick Fireplace
Room 7: Second Kitchen 12.46 12.14 Combined w/Great Rm, Hardwood Floor, Large Window
Room 8: Second Bedroom 9.51 8.86 Hardwood Floor, Large Window
Room 9: Second Bedroom 13.12 10.82 W/O To Balcony, Hardwood Floor, Closet
Room 10: Third Bedroom 15.74 10.50 Hardwood Floor, Closet, Large Window
Room 11: Third Bedroom 15.09 9.84 Hardwood Floor, Large Window, Closet
Room 12: Third Living Ro 16.07 14.10 Hardwood Floor, Open Concept, 3 Pc Bath
Room 13: Third Kitchen 13.45 10.50 W/O To Terrace
Room 14: Basement Bedroom 26.24 18.37 Above Grade Window, Vinyl Floor, Pot Lights
Room 15: Basement Furnace R 13.78 6.56
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  3 Third
Washroom 4:  3 Basement
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  3 Third
Washroom 9:  3 Basement
Washroom 10:  0
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: Other, Wall
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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REAL ESTATE HOMEWARD

109 Gloucester Stre , Toronto, M4Y 1M2, Toronto


 
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At a Glance:
Type: Freehold - Triplex
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style: 2 1/2 Storey
Lot Size: x 124.00(Feet)
Approximate Age:
Tax: $9,916
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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