1487 Gerrard Street E Toronto (Greenwood-Coxwell), Ontario M4L 2A4
$1,300,000
1487 Gerrard Street East offers an exceptional mixed-use income property with built-in stability and significant future upside. Located in thevibrant Gerrard India Bazaar and Greenwood-Coxwell corridor, this property features a strong commercial anchor, two expansive multi-levelresidential apartments, and dedicated rear parking. Crucially, with the adjacent property also available for sale, this site unlocks a rare landassembly opportunity for developers or a forward-thinking investor to assemble a wider, more versatile footprint on a major Toronto arterialroad. A combined footprint opens the door to future mid-rise development, comprehensive commercial expansion, or a larger multi-residentialbuild 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 cityapartments, the upper levels house two spacious, two-story residential units. Each apartment features a generous two-bedroom, one-bathroomlayout, highly appealing to young professionals and families seeking space. The Greenwood-Coxwell and Gerrard East corridor is one ofToronto's most active pockets for urban renewal, community investment, and infrastructure upgrades. The area is positioned to benefit heavilyfrom 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, pedestrianimprovements, and better active transit infrastructure directly to the area. Surrounded by the eclectic dining and retail of the Gerrard IndiaBazaar, with Leslieville just to the south and the Danforth to the north, the location attracts a steady stream of foot traffic and premiumresidential tenant demand (id:43681)
房源概要
| MLS® Number | E14097466 |
| 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 |
| 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 ,8 In |
| 不规则大小 | 16.73 X 100 Ft |
| 规划描述 | Cr2(c1;r2*1573) |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Toronto Real Estate Board
RE/MAX Hallmark Realty Ltd.
October 20 2026 03:30:29
