243 Gerrard Street

ActiveRegent Park / Cabbagetown / St. James Town164 days on marketMLS® C12811980

$998,000

$471 / sq ft

Bedrooms0

Bathrooms3

Interior2,119 sq ft

TypeCommercial

ListingFor Sale

Days on Market164

About this property

Rare investment opportunity in the heart of Cabbagetown for the first time in 20 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors. **Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefits from steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. The surrounding neighbourhood continues to experience solid re-investment. The interior showcases beautiful period proportions with high ceilings, incredible accoustics, skylights and glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south-facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access to the backyard - ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th-century architecture with its fine-grain and classic brick façade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. The opportunities are endless for investors, owner-operators, or buyers seeking a character-rich property with a long-term upside.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C12811980
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	2,119 sq ft
Beds / Baths	0 bed · 3 bath
City	Regent Park / Cabbagetown / St. James Town
Postal Code	M5A 2G1
Province	ON
Listed Date	February 23, 2026
Days on Market	164
Price per Sq Ft	$471
Brokerage	SOTHEBY'S INTERNATIONAL REALTY CANADA