We’re back again with another property feature on our blog! 2374 Gerrard St E is a multi-unit property that is currently being built. Situated on the east side of Toronto, the property has a close proximity to the Danforth with some of the east side’s best dining and shopping. 2374 Gerrard St E is expected to be completed by the end of 2020.
This property is a great opportunity for anyone interested in co-ownership. With multiple units, you could live in some of the units and rent out the others. The separate units are spacious and there’s plenty of room for parking at the back. With over 4,000 square feet above ground, it has so much utility for different families or groups to customize their space to their needs.
Each unit has two bedrooms and 2 washrooms with their own laundry and HVAC systems. Three units are approximately 1,000 square feet while the penthouse suite is 1,350 square feet spread over two floors. The garden level unit has a terrace and each unit above has a balcony or deck.
There’s space for a yard as well as parking that backs off the laneway. A common stairwell is shared by all of the units at the front door as well as an exterior staircase at the back that leads to the balconies. This project has had a lot of hard work and love poured into it and would be amazing for multigenerational families or multiple families who want to live together.
At present the balconies on the exterior of the building are being built. The exterior stairs are almost done and the HVAC is complete. Plumbing has begun and fire protection sprinkler systems are in the process of being installed. Insulation and drywall is expected to begin soon.
All-in-all, 2374 Gerrard St E is a wonderful opportunity whether you’re geared towards co-ownership or investment. If you are interested in this project, reach out to GoCo to find out more.