Salehian.com 647-325-5000

1659 Gerrard Street E

Woodbine Corridor, Toronto, M4L 2A9

$1,998,000

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  • 8 bathrooms

Listed 62 days ago · MLS® E13689614

About this home

A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets,entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenancefeatures that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full,offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools -a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straight forward opportunity to add a well-located, income-producing asset to your portfolio.

Details

Type
Investment
Lot
25 × 110 ft
Garage
None
Property tax
$6,794 (2025)
Neighbourhood
Woodbine Corridor
Municipality
Toronto E02

Interior

Bathrooms
8 × bathroom

Heating, cooling and services

Heating
Gas Hot Water
Utilities
Yes

Building and exterior

Building area
3,426 Square Feet

More

Possession
tbd
Cross street
Gerrard St E and Coxwell
Business type
Apts - 6 To 12 Units

History of this address

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

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Coxwell Subway15 min walk
  • 🚇 Greenwood Subway19 min walk
  • 🚆 Danforth GO1.9 km

Within a 10-minute walk: 3 grocery stores, 37 cafés and restaurants, 16 parks, 9 pharmacies. Nearest grocery: No Frills (250 m). Nearest park: Fairford Avenue Parkette (150 m).

Schools nearby

Elementary

  • École élémentaire catholique Georges-Étienne-Cartier French
    EQAO: Gr 6 reading 91%, math 74%    4 min walk
  • Bowmore Road Junior and Senior Public School
    EQAO: Gr 6 reading 82%, math 45%    5 min walk
  • Equinox Holistic Alternative School
    EQAO: Gr 6 reading 81%, math 44%    6 min walk
  • Roden Public School
    EQAO: Gr 6 reading 88%, math 44%    6 min walk

Secondary

  • Monarch Park Collegiate Institute
    EQAO: Gr 9 math 70%, literacy test 88%    7 min walk
  • School of Life Experience8 min walk
  • St. Patrick Catholic Secondary School Catholic
    EQAO: Gr 9 math 66%, literacy test 85%    12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4L

Owners / renters
61% / 39%
Median household income
$101,000
Average age
40
Children under 15
18%
Homes
19% detached, 7% high-rise
Commute by transit
22%
Population
32,218

Languages spoken most at home besides English: Yue (Cantonese) 3%, Mandarin 0.7%, Spanish 0.7%, Urdu 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Woodbine Corridor (2025): 26% below the Toronto average, down 13% from the year before.

  • Assaultabout average
  • Break and enter35% below average
  • Auto theft71% below average
  • Robbery72% below average
  • Theft from vehicles38% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 355 COXWELL AVE · 100 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 33 residential units.
    Application details
  • 443-445 COXWELL AVE · 300 m
    Site Plan · Under Review · applied 2026
    Proposed mid-rise self-storage facility of nine (9) storeys and 34.30 metres in height. Vehicular access is off of Coxwell Avenue, which leads to a covered…
    Application details
  • 4 NEWBOLD AVE · 50 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendement for a 10-storey residential rental apartment building with a height of 27.2 metres (30.2 metres with the MPH)…
    Application details
  • 355 COXWELL AVE · 100 m
    Site Plan · Closed · applied 2026
    To modify the mixed-used development approved by Site Specific Zoning By-laws 1227-2017 and 1228-2017 in order to construct a new six-storey affordable housing…
  • 230 COXWELL AVE · 400 m
    Site Plan · Closed · applied 2023
    To construct a new four-storey apartment building with a height of 13.2 metres, 20 affordable rental units, a gross floor area of 1,173 square metres, and zero…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

51 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REALTY SPECIALISTS INC..

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

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