945 Gerrard Street E
South Riverdale, Toronto, M4M 1Z1
$1,480,000
Reduced $200,000 from $1,680,000
Listed 54 days ago · MLS® E13716744
About this home
Rare opportunity for investors, end-users or those seeking long-term value-add potential along Gerrard Street East. Mixed-use investment property situated in a vibrant commercial-residential corridor. Zoned CR - Commercial Residential. The property features four separate entrances, offering excellent flexibility for access, layout and future use. Enjoy a highly convenient location close to mall, restaurants, parks, everyday shopping and local amenities, with easy streetcar access and rear laneway access. Property is currently vacant and being sold in "as-is, where-is" condition. Buyer to conduct their own due diligence and verify zoning, licensing, permitted uses, building/fire code compliance, measurements and future intended use.
Details
- Type
- Investment
- Lot
- 18.42 × 110 ft
- Garage
- None
- Property tax
- $6,621 (2026)
- Neighbourhood
- South Riverdale
- Municipality
- Toronto E01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Partial
- Utilities
- Yes
Building and exterior
- Building area
- 1,800 Square Feet
More
- Possession
- IMME
- Cross street
- Gerrard/Pape
History of this address
1 earlier listing 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
- 🚇 Pape Subway1.4 km
- 🚇 Donlands Subway1.5 km
- 🚆 Danforth GO3.9 km
Within a 10-minute walk: 11 grocery stores, 81 cafés and restaurants, 19 parks, 8 pharmacies. Nearest grocery: Food Basics (200 m). Nearest park: Badgerow Parkette (200 m).
Schools nearby
Elementary
- Pape Avenue Junior Public School
EQAO: Gr 6 reading 98%, math 71%5 min walk - Blake Street Junior Public School
EQAO: Gr 6 reading 92%, math 40%8 min walk - Leslieville Junior Public School
EQAO: Gr 6 reading 74%, math 33%10 min walk - École élémentaire catholique du Bon-Berger French10 min walk
Secondary
- East Alternative School of Toronto8 min walk
- Riverdale Collegiate Institute
EQAO: Gr 9 math 77%, literacy test 95%9 min walk - Eastdale Collegiate Institute11 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 M4M
- Owners / renters
- 56% / 44%
- Median household income
- $99,000
- Average age
- 40
- Children under 15
- 14%
- Homes
- 6% detached, 25% high-rise
- Commute by transit
- 25%
- Population
- 25,052
Languages spoken most at home besides English: Yue (Cantonese) 6.3%, Mandarin 3.5%, Vietnamese 1.5%, Spanish 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 South Riverdale (2025): about the Toronto average, down 17% from the year before.
- Assaultabout average
- Break and enter40% above average
- Auto theftabout average
- Robberyabout average
- Theft from vehicles65% above average
- Shootings61% below average
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 2 active
-
425 CARLAW AVE · 150 mSite Plan · Under Review · applied 2024Site Plan Control Placeholder for Gerrard Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.Application details
-
354-358 PAPE AVE · 100 mSite Plan · Under Review · applied 2014Combine application for rezoning and site plan approval to permit a proposed mixed use development. The proposed building will be 8 storeys (24.6 metres in…
-
1012 GERRARD ST E · 250 mOfficial Plan / Zoning By-law Amendment · Closed · applied 2024Zoning By-law Amendment application to permit a 14-storey mixed use building containing 112 residential units and 7,899 square metres of gross floor area…Application details
-
485 LOGAN AVE · 350 mPlan of Condominium · Closed · applied 2022Draft Plan of Standard Condominium for 41 dwelling units.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): 4 km. Transit times · Driving times
Coming transit
- 🚧 Gerrard 150 m
- 🚧 Leslieville Ontario Line1000 m · opening early 2030s
- 🚧 Pape 1.4 km
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise 1 source nearby
- 🚆 Rail line (Kingston Subdivision)100 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
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.
Building permits
- Other · 2021 · Under ReviewParty Wall Admin Permit for work at 947 Gerrard Street East. See (21-243810 BLD)
3 permits 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
48 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 FIRST CLASS STARLINK REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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