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$ 23,500,000
Est. payment /mo
Active
66 Gerrard ST E Toronto C08, ON M5B 1G3
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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
Listed by RE/MAX ALL-STARS REALTY INC.