147 Gerrard Street E
Moss Park, Toronto
$650,000
Power of Sale opportunity at 147 Gerrard St E. Three-storey corner townhouse situated on a 16.79 x 96.00 ft lot with two rear parking spaces. Property is reportedly configured as a 16-bedroom rooming house, offering potential for substantial monthly rental income and an attractive cap rate. Property is being sold strictly "as is, where is," with no representations or warranties
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,322 |
| Lot Size | 16.79 ft x 96 ft |
| mls© Number | C13595102 |
| Listed By | RE/MAX SPECIALISTS TEAM SUKHVINDER |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,327
- Property tax
- $610
- Heat allowance
- $150
- Housing costs
- $4,087 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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