20 GERTRUDE Street

House
3+1
2
1113
3
$599,999
For sale
293 DOM

Welcome to 20 Gertrude, this 1.5 story income property sits on a spacious 100 foot deep lot located in Crown Point North. The upper unit features 3 bedrooms, 1 bathroom with in-suite laundry, and is currently rented month-to-month to excellent long-term tenants at $2,600 per month. The lower unit offers 1 bedroom, 1 bathroom, with in-suite laundry, and will be vacant upon possession—giving you the perfect opportunity to set your own rent, choose your tenants, or move in yourself. Major updates include a 2025 high-efficiency furnace (5 year warranty),updated ductwork in basement, sump pump (2024), weeping tile on 3/4 walls, roof (2021), spacious deck and gazebo (2021), PEX pipes changed from lead, basement renovation (2022), updated flooring and paint in both units (2022). With zero vacancy, this low-maintenance property generates approximately $48,000 annually, with operating costs around $10,000—making it an ideal passive income investment. Don’t miss this fantastic opportunity! (id:50762)

Property Details
Property Type
Single Family
Building Type
House
Ownership
Condominium / Strata
Community
-
Storeys
2
Construction Year
-
Parking Type
-
MLS ID
40740384
Listing Date
13/06/2025
Profile Image

Yinan Xia, MBA

Yinan is a registered real estate broker in Ontario, Canada who specializes in providing real estate transaction & advisory services to clients in the Greater Toronto Area, covering both residential and commercial sectors for resale, lease, pre-construction and assignment transactions.

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