1395 Gerrard Street

Toronto E01, ON

11,000 sqft • Investment • 94 days on market

$5,450,000

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.

Listing Details

Taxes (2025): $24,891
Listed: May 27, 2026

Price History

Listing history

Property

Lot Size: 50 x 120.16 Feet

Location & Legal

Cross Street: Gerrard St E & Greenwood
Zoning: CR 2.0 (c1.0; r2.0) SS2 (x1573)
Parcel Number: 210370488
Possession: Flexible

Commercial

Business Type: Apts - Over 20 Units
Occupancy: Tenant
Office / Apartment Area: 9500 Sq Ft

Included

Inclusions: All chattels and fixtures not belonging to the tenants. All unit appliances included. 2012 water heating with 2 new wall hung boilers and related equipment. Parking capability for 5 cars (permits to be obtained if possible) on sidewalk, parking for 2 cars inside gate.
Exclusions: All chattels and fixtures not belonging to the tenants. All window AC units if any.
Rental Items: None

Community

Postal area M4L

Population: 32,218
Private dwellings: 14,789
Median age: 40.8
Average household size: 2.3
Median household income: $101,000

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: $1,170,000
Homes sold: 691
Median days on market: 9
Sale-to-list price: 106.2%

Based on 691 recorded sales of commercial properties in Toronto E01 over the last 12 months.

Listed by

KELLER WILLIAMS PORTFOLIO REALTY

Location

Street View

Commercial figures

Building area: 11,000 sq ft
Price per sq ft: $495.45
Annual property tax: $24,891
Tax per sq ft: $2.26

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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