1395 Gerrard Street

ActiveRiverdale / Leslieville · Greenwood-Coxwell69 days on marketMLS® E13214716
$5,450,000
$495 / sq ft
Bedrooms0
Bathrooms0
Interior11,000 sq ft
Lot Size6,006 sq ft
TypeCommercial
ListingFor Sale
Days on Market69

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberE13214716
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size11,000 sq ft
Lot Size6,006 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodGreenwood-Coxwell
CityRiverdale / Leslieville
Postal CodeM4L 1Z3
ProvinceON
Listed DateMay 29, 2026
Days on Market69
Price per Sq Ft$495
BrokerageKELLER WILLIAMS PORTFOLIO REALTY

Location

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Listed by KELLER WILLIAMS PORTFOLIO REALTY