109 GLOUCESTER STREET, Toronto, Ontario
$1,950,000
- 6 Beds
- 4 Baths
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). (id:38686)
- Listing ID: C12481572
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Dee Sarwan would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Dee Sarwan, who specializes in Toronto real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Dee Sarwan find a property to match your lifestyle.
Listing provided by REAL ESTATE HOMEWARD
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 109 GLOUCESTER STREET in Toronto Ontario. It was last modified on October 24th, 2025. Contact Dee Sarwan to schedule a viewing or to discover other Toronto real estate for sale.
































