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1395 Gerrard Street E

Greenwood-Coxwell, Toronto, M4L 1Z3

$5,450,000

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  • 21+1 bedrooms
  • 16 bathrooms
  • 7 parking
  • 5000 + sq ft

Listed 143 days ago · MLS® E13214710

About this home

Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.39%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 2 vacant units (1x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.

Details

Type
Multiplex
Style
Other
Size
5000 + sq ft
Lot
50 × 120.16 ft
Basement
Finished
Garage
None
Kitchens
20
Property tax
$24,891 (2025)
Neighbourhood
Greenwood-Coxwell
Municipality
Toronto E01

Interior

Bedrooms
21 above ground + 1 below
Bathrooms
1 × 4-piece (basement), 1 × 3-piece (main), 2 × 4-piece (main), 6 × 4-piece (second), 6 × 4-piece (third)
Kitchens
20 (1 below ground)
Rooms
60 above ground + 3 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Gas
Water and sewer
Sewer

Building and exterior

Exterior
Brick
Roof
Asphalt Rolled, Tar and Gravel
Faces
South

Parking

Total parking
7

Lot

Size
50 × 120.16 ft (rectangular)

More

Possession
T.B.D
Cross street
Gerrard St E & Greenwood

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Living here

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Listed by KELLER WILLIAMS PORTFOLIO REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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