1485 Gerrard Street E Toronto (Greenwood-Coxwell), Ontario M4L 2A4
$1,490,000
1485 Gerrard Street East offers an exceptional mixed-use income property with built-in stability and significant future upside. Located in the vibrant Gerrard India Bazaar and Greenwood-Coxwell corridor, this property features a strong commercial anchor, two expansive multi-level residential apartments, and dedicated rear parking. Crucially, with the adjacent property also available for sale, this site unlocks a rare land assembly opportunity for developers or a forward-thinking investor to assemble a wider, more versatile footprint on a major Toronto arterial road. A combined footprint opens the door to future mid-rise development, comprehensive commercial expansion, or a larger multi-residential build in a city actively pushing for density along established streetcar and transit routes.Currently tenanted by a stable, reliable business, providing predictable, long-term commercial income with an established footprint in the neighbourhood. Unlike standard compact city apartments, the upper levels house two spacious, two-story residential units. Each apartment features a generous two-bedroom, one-bathroom layout, highly appealing to young professionals and families seeking space. The Greenwood-Coxwell and Gerrard East corridor is one of Toronto's most active pockets for urban renewal, community investment, and infrastructure upgrades. The area is positioned to benefit heavily from upcoming transit expansions, including the future Ontario Line which will feature a major transit hub slightly west at Gerrard and Carlaw. The City of Toronto is prioritizing the Gerrard Street East corridor for ongoing revitalization, bringing upgraded streetscapes, pedestrian improvements, and better active transit infrastructure directly to the area. Surrounded by the eclectic dining and retail of the Gerrard India Bazaar, with Leslieville just to the south and the Danforth to the north, the location attracts a steady stream of foot traffic and premium residential tenant demand. (id:43681)
房源概要
| MLS® Number | E13758288 |
| 房源类型 | Retail |
| 社区名字 | Greenwood-Coxwell |
| 总车位 | 2 |
详 情
| 空调 | Partially Air Conditioned |
| 供暖方式 | 天然气 |
| 供暖类型 | Forced Air, Baseboard Heaters |
| Size Exterior | 2800 Sqft |
| 内部尺寸 | 2800 Sqft |
| 类型 | Residential Commercial Mix |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地深度 | 100 Ft |
| 土地宽度 | 16 Ft ,3 In |
| 不规则大小 | Bldg=16.33 X 100 Ft |
| 规划描述 | Cr2(c1;r2*1573) |
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Toronto Real Estate Board
RE/MAX Hallmark Realty Ltd.
September 09 2026 03:26:25
