109 Gloucester Street, Toronto - Sold for $1,770,000 | Modern Solution Realty

109 Gloucester Street, Toronto

109 Gloucester Street in Toronto - 6 bedroom, 4 bathroom. Sold for $1,770,000. Listed at $1,950,000.

Rare opportunity to acquire a 3 unit residential property in the heart of Downtown. 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 with renovations, there's a potential to command $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).

Property Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 3250 sqft
  • Basement: Partially Finished
  • Heating: Gas
  • Cooling: Other
  • Parking: 1 space
  • Property Taxes: $9,916/yr
  • Neighbourhood: Church-Yonge Corridor
  • Postal Code: M4Y 1M2

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