368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

1659 Gerrard Street E, Toronto, ON M4L 2A9

$1,998,000 For Sale
  • Sale
  • Investment
  • 83 days ago
  • Updated: 2026-11-03

Property Overview

Property Type
Investment
Bedrooms
Bathrooms
8
Garage
5
Size
3426 Square Feet
Age
N/A
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.

Key Details

  • E13689614
  • 5
  • $1,998,000
  • Tenant
  • Apts - 6 To 12 Units
  • 3426 Square Feet
  • 110 x 25 Feet
  • N/A Acres
  • N/A
  • Investment
  • Sale

Additional Details

  • Gas Hot Water /
  • R(d1*7)
  • $6794.32
  • 2025
  • PT LT 3 PL 460E TORONTO AS IN CA721351, S/T CA721351; CITY OF TORONTO
  • N/A
  • N
  • No
  • Municipal
Neighbourhood profile DA 35203993 · 2021 Census

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Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

What's near transit

Subway and bus stops within 1 km · 1659 Gerrard Street E, Toronto, ON M4L 2A9

Gerrard St East at Coxwell Ave
306Carlton
85 m ~ 2 min walk
Gerrard St East at Coxwell Ave
506Carlton
85 m ~ 2 min walk
Kingston Rd at Columbine Ave
503Kingston Rd
809 m ~ 11 min walk
Coxwell Ave at Gerrard St East
22Coxwell
122 m ~ 2 min walk
Coxwell Ave at Gerrard St East
322Coxwell
122 m ~ 2 min walk
Woodbine Ave at Cassels Ave South Side
92Woodbine South
784 m ~ 10 min walk
Greenwood Ave at Ivy Ave
31Greenwood
853 m ~ 11 min walk
Coxwell Ave at Danforth Ave
70O'Connor
919 m ~ 12 min walk
Danforth Ave at Hillingdon Ave
300Bloor-Danforth
925 m ~ 12 min walk
Coxwell Station
404East York
984 m ~ 13 min walk

Neighbourhood Profile

Woodbine Corridor
Toronto neighbourhood · 2021 census
7.8 / 10
$97K
Median income
40.8 yrs
Median age
$1.1M
Median home value
40%
Renters
Transit
28.1%
Car
54.2%
Walk / bike
14.5%
$1,160/mo
Median rent
37%
Renters 30%+ on shelter
🌳Park 🛝Playground 📚Library 🚔Police station 🚇Subway / light rail 🚌Bus / streetcar 🏥Hospital 🩺Clinic / GP 🏡Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data

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FAQ
  • What is the total square footage of the e13689614 - 1659 Gerrard Street E, Toronto, ON M4L 2A9?

    The total square footage of this property is Unknown.

  • What schools near to e13689614 - 1659 Gerrard Street E, Toronto, ON M4L 2A9?

    The nearest schools are ÉÉC Georges-Étienne-Cartier for elementary and Monarch Park Collegiate Institute for secondary.

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