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    For Sale - 1485 Gerrard Street, Toronto, Ontario

    Est payment $7,155/mo
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    Views   3
    Time on Jump  25 day

    AI Summary *

    • Unique mixed-use property with strong commercial anchor and residential units.
    • Offers rare land assembly potential for future development opportunities.
    • Stable commercial tenant providing long-term predictable income.
    • Spacious two-bedroom apartments appealing to young professionals and families.
    • Located in a vibrant area with upcoming transit expansions and urban upgrades.




    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.
    Listing IDE13758288
    Address1485 Gerrard Street
    CityToronto, Ontario
    Price$1,490,000
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: RE/MAX HALLMARK REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1485 Gerrard Street
    Toronto , Ontario
    $1,490,000
    Get more info