205 Gerrard Street E, Toronto, ON M5A 2E7, Toronto C08, ON
2884.0 sqft
PRIME CABBAGETOWN INVESTMENT OPPORTUNITY - 9-SUITE RESIDENTIAL BUILDING Well-maintained 9-suite apartment building located at Gerrard St E and Sherbourne in strategic downtown location. Features 4 studios, 4 one-bed, 1 two-bed suites and 2 surface parking spaces. Separate metering for gas and hydro and Independent HVAC systems per suite. The building has shared laundry facilities with card system. Neighbourhood features cafes, boutique shops, and active cultural scene that gives it a distinctly hip character within Toronto's core. ATTRACTIVE ASSUMABLE FINANCING: Currently financed with assumable CMHC insured first mortgage at well below current market interest rate with an attractive loan to value. Terms of existing mortgage: Outstanding Balance (March 2026): $2,180,812 | Interest Rate: 2.67% | Monthly Payments: $8,197 | Maturity: September 1, 2029
Property Highlights
For Sale
MLS NO.
C12930348
Type
Commercial
Sub Type
Investment
Square Footage
2884.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12930348
Lot Width
28.5
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
205 Gerrard Street E, Toronto, ON M5A 2E7
City
Toronto C08
Neighbourhood
Moss Park
County / Region
Toronto
Province / State
ON
Postal Code
M5A 2E7
Cross Street
Gerrard and Oskenonton Lane
Directions
Gerrard Street E
Country
CA
List Price
$2,700,000
Annual Taxes
$12,764
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD
Listing Office
JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-03-27T19:28:08Z
Media Updated
2026-03-27T19:28:08Z
Photos Updated
2026-03-27T19:28:08Z
Last Modified
2026-03-27T19:28:08Z
System Modified
2026-03-27T19:28:09.042538Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-08-18
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
2
Public Remarks
PRIME CABBAGETOWN INVESTMENT OPPORTUNITY - 9-SUITE RESIDENTIAL BUILDING Well-maintained 9-suite apartment building located at Gerrard St E and Sherbourne in strategic downtown location. Features 4 studios, 4 one-bed, 1 two-bed suites and 2 surface parking spaces. Separate metering for gas and hydro and Independent HVAC systems per suite. The building has shared laundry facilities with card system. Neighbourhood features cafes, boutique shops, and active cultural scene that gives it a distinctly hip character within Toronto's core. ATTRACTIVE ASSUMABLE FINANCING: Currently financed with assumable CMHC insured first mortgage at well below current market interest rate with an attractive loan to value. Terms of existing mortgage: Outstanding Balance (March 2026): $2,180,812 | Interest Rate: 2.67% | Monthly Payments: $8,197 | Maturity: September 1, 2029
