66 Gerrard ST E Active

Toronto C08,ON M5B 1G3

$ 23500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Church-Yonge Corridor

MLS Listing ID C12387032

Annual Tax Amount $122,689

Tax Year 2024

Property Sub-Type Investment

Property Description

For Sale - 66 Gerrard Street East, TorontoThree-Storey Commercial Building | Approx. 21,000 Sq. Ft. | Corner of Gerrard St E & Church StA well-maintained, three-storey brick-and-beam commercial building prominently located at the southeast corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 sq. ft. of leasable area on a 78 ft. x 101 ft. lot. Zoned CR, the site permits a broad range of commercial and mixed-use functions, including office, medical, retail, hospitality, and institutional uses (subject to municipal approvals).Building Highlights Strong corner exposure with excellent visibility Functional floor layouts across all levels Stable tenant mix providing consistent rental income Current occupants include medical/healthcare offices, professional services, two restaurants, and an event venue with ongoing use Well-managed building with steady operational performanceLocation AdvantagesSituated steps from Toronto Metropolitan University, major hospitals, public transit, and surrounding residential and institutional developments. The area provides high pedestrian and vehicular traffic, strong daytime population, and convenient access to key city amenities.Investment SummaryThis property offers both reliable income and long-term redevelopment potential within one of Toronto's most active growth corridors. Suitable for investors, developers, and owner-occupiers seeking a prominent downtown commercial asset.

Location

Province ON

County Toronto

Community Church-Yonge Corridor

Area Toronto

Interior

Cooling Yes

Exterior

Community Features Public Transit,Subways

Utilities Available Available

Lot Frontage 78.33

Lot Depth 100.99

Others

ParcelsYN No

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