210 Gerrard Street
Toronto C08, ON
- 4 bath
- 1,593 sqft
- Investment
- 117 days on market
5.8% cap rate! Cabbagetown Heritage zone. Rare opportunity to acquire a fully gutted and renovated, turnkey four-unitinvestment property in the heart of downtown Toronto, offering a strong 5.8% cap rate andexceptional attention to detail throughout. Extensively upgraded while preserving thebuilding's historic character. Upgrades include custom Ohio-made heritage brickwork (2023) matched to the original 1890 brick dimensions, newer peak roof shingles (2024), updated ABS drain systems with backflow prevention (2022), an interior weeping tile system (2022), and enhanced exterior stormwater drainage infrastructure (2022), new eaves (2023).The property features four fully gutted and renovated (2022/2025/2026) self-contained furnished apartments with separate entrances, modern finishes, programmable touchpad entry systems, centralized internet/network infrastructure, security cameras, a Doorbird smart entry system, forced air gas heating and A/C, and legal fire safety systems approved by certified installers. Units include a mix of private decks, BBQ areas, skylights, heated flooring (Apt 2 - bedroom only), a gas fireplace, in-suite laundry, and updated kitchens and baths. Currently configured as: 2 x two-bedroom units 1 x one-bedroom unit 1 x two-level owner's suite. Ideal for investors seeking stable income, furnished rental potential, multi-generational living, or short/mid-term rental opportunities (buyer to verify use). One rear parking space included. Offered substantially furnished with only limited exclusions. One unit (owner occupied) will be vacant on closing. Property listed as Heritage.
Listing Details
- Taxes (2025)
- $6,628
- Listed
- May 20, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 13.5 x 120 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Gerrard St E & Seaton St
- Zoning
- CR1.5(c1;r1*1906)
- Parcel Number
- 210880050
- Possession
- 60-89 days
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- Entire property being sold fully furnished. 3 Washers & Dryers, 1 Washer/Dryer Combo, 1 A/C, 2 Built in Murphy Beds, 4 Fridges, 4 Stoves, 2 Dishwashers, 2 Furnaces.
- Exclusions
- Unit #2: Custom ELAC white speakers, hanging wooden chair/swing art and unicycle are excluded.
- Rental Items
- 2 Hot Water Tanks.
Community
Postal area M5A
- Population
- 48,978
- Private dwellings
- 30,508
- Median age
- 36.4
- Average household size
- 1.8
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C08 · last 12 months
- Median sold price
- $590,000
- Homes sold
- 1,633
- Median days on market
- 28
- Sale-to-list price
- 97.3%
Based on 1,633 recorded sales of commercial properties in Toronto C08 over the last 12 months.
Listed by
HARVEY KALLES REAL ESTATE LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,593 sq ft
- Price per sq ft
- $1,129.88
- Annual property tax
- $6,628
- Tax per sq ft
- $4.16
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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