688 Gerrard Street

Toronto E01, ON

5 bath • 2,000 sqft • Commercial Retail • 162 days on market

$1,200,000

Exceptional opportunity to own a newly renovated mixed-use property in a high-demand corridor. Located in a vibrant, high-traffic area with excellent visibility and accessibility, this property benefits from steady foot traffic and strong neighborhood growth. The property offers the perfect blend of commercial and residential space, the main floor commercial unit has been recently renovated and leased. The 2nd Floor has 2 units with separate bedroom/kitchen/bathroom; The stable, reliable tenants, providing consistent income and strong investment fundamentals. Cross street School, very stable customers' source, close to High Way and transportation. Basement with 2 washrooms and walk-in freezer. 2 water tanks separate for each floor.

Listing Details

Taxes (2025): $9,176
Listed: March 17, 2026

Price History

Listing history

Property

Lot Size: 15 x 100 Feet

Utilities

Water: Water System

Location & Legal

Cross Street: Broadview/Gerrard E
Zoning: CR 2.5
Possession: Flexible

Commercial

Occupancy: Tenant

Community

Postal area M4M

Population: 25,052
Private dwellings: 12,249
Median age: 38.8
Average household size: 2.2
Median household income: $99,000

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 E01 · last 12 months

Median sold price: $1,162,500
Homes sold: 694
Median days on market: 9
Sale-to-list price: 106.1%

Based on 694 recorded sales of commercial properties in Toronto E01 over the last 12 months.

Listed by

NU STREAM REALTY (TORONTO) INC.

Walk Score

Walk

Transit

Bike

Scores by Walk Score®

Location

Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $600.00
Annual property tax: $9,176
Tax per sq ft: $4.59

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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