1659 Gerrard Street

ActiveThe Beaches / Upper Beaches · Woodbine Corridor3 days on marketMLS® E13689614
$1,998,000
$583 / sq ft
Bedrooms0
Bathrooms8
Interior3,426 sq ft
TypeCommercial
ListingFor Sale
Days on Market3

About this property

A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets,entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenancefeatures that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full,offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools -a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straight forward opportunity to add a well-located, income-producing asset to your portfolio.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberE13689614
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size3,426 sq ft
Beds / Baths0 bed · 8 bath
NeighbourhoodWoodbine Corridor
CityThe Beaches / Upper Beaches
Postal CodeM4L 2A9
ProvinceON
Listed DateAugust 18, 2026
Days on Market3
Price per Sq Ft$583
BrokerageRE/MAX REALTY SPECIALISTS INC.

Location

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Listed by RE/MAX REALTY SPECIALISTS INC.