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$8,900,000 Sale
Listed 36 days ago
250 Gorge Rd W
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· 23052
Key Facts
Key facts for 250 Gorge Rd W
Property Type
House
Parking
On Site
MLS #
1050247
Size
23052 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$44,479 /yr
Days on Market
-
Year Built
1969
Maintenance Fee
-
Description
The Avison Young Multi-Family Team is pleased to present Gorge Terrace, an extremely well-maintained 36-suite rental apartment building situated adjacent to the Gorge Waterway and Gorge Shopping Centre. The Property occupies a 34,611-sf corner site and has benefited from approximately $490,000 in ca...pital improvements since 2021, including new windows and balconies and 16 fully renovated suites with dishwashers and stainless-steel appliances. Gorge Terrace offers stable in-place income with the opportunity to save on Property Transfer Tax through a bare trust share sale.
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Listing courtesy of: Avison Young Commercial Real Estate Services, LP

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