1395 Gerrard Street E, Toronto, ON M4L 1Z3, Toronto E01, ON
11000.0 sqft
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 3 vacant units (2x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
Property Highlights
For Sale
MLS NO.
E13214726
Type
Commercial
Sub Type
Store W Apt/Office
Square Footage
11000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Store W Apt/Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E13214726
Security Features
No
Lot Width
50.0
Lot Size
6006.26
Lot Size Units
SquareFeet
Garage Type
Other
Cooling
Partial
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1395 Gerrard Street E, Toronto, ON M4L 1Z3
City
Toronto E01
Neighbourhood
Greenwood-Coxwell
County / Region
Toronto
Province / State
ON
Postal Code
M4L 1Z3
Cross Street
Gerrard St E & Greenwood
Directions
S on Gerrard, W of Coxwell
Country
CA
List Price
$5,450,000
Annual Taxes
$24,891
Tax Year
2025
Legal Description
LT 11 PL 1357 TORONTO; CITY OF TORONTO
Possession Type
Flexible
Possession Details
T.B.D
Listing Office
KELLER WILLIAMS PORTFOLIO REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-29T16:38:29Z
Media Updated
2026-06-03T16:20:38Z
Photos Updated
2026-05-29T16:38:29Z
Last Modified
2026-05-29T16:38:29Z
System Modified
2026-07-06T21:30:21.07439Z
MLS Status
New
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Other
Hstapplication
In Addition To, Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
210370488
Parking Spaces
7
Public Remarks
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 3 vacant units (2x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
Showing Requirements
See Brokerage Remarks, Showing System, List Brokerage, List Salesperson
