109 Gloucester Street

Toronto, Church-Yonge Corridor

Description

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).

This semi-detached home located at 109 Gloucester Street, Toronto C08, ON M4Y 1M2 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$2M. It has 6 beds, 4 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 109 Gloucester Street, Toronto C08, ON M4Y 1M2 is in Toronto neighborhood Church-Yonge Corridor.