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$ 1,195,000
Est. payment /mo
New
243 Gerrard ST E Toronto C08, ON M5A 2G1
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Moss Park
MLS Listing ID C13003632
Annual Tax Amount $6,824
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare investment opportunity in the heart of Cabbagetown for the first time in 20 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors.**Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefits from steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. The surrounding neighbourhood continues to experience solid re-investment. The interior showcases beautiful period proportions with high ceilings, incredible accoustics, skylights and glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south-facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access to the backyard -ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th century architecture with its fine-grain and classic brick facade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. The opportunities are endless for investors, owner-operators, or buyers seeking a character-rich property with a long-term upside
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 17.23
Lot Depth 92.0
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA