CAONToronto (Greenwood-Coxwell)1485 Gerrard Street E

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1485 Gerrard Street E, Toronto (Greenwood-coxwell), ON

Name: 1485 Gerrard Street E, For Sale in Toronto (Greenwood-coxwell) - eXp Realty
Brand: RE/MAX HALLMARK REALTY LTD.
SKU: E13758288
Price: 1490000 CAD

House

For Sale

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002

MLS® E13758288

Property Details
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Description

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:58753)Show Description

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 2800 sqft

Taxes $9,704

Days Active 8

Avg. Price Per Sqft $532

MLS® Number E13758288

Central VacNo

FireplaceNo

HeatBaseboard heaters, Forced air, Natural gas

A/CPartially air conditioned

Price History

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