Header

 

logo

header

$23,500,000
Available - For Sale
Listing ID: C12387032
66 Gerrard Street East Downtown TorontoProminent Corner Commercial Asset with Income & Redevelopment Potential. A rare opportunity to acquire a three-storey brick-and-beam commercial building at the corner of Gerrard Street East & Church Street, in the heart of downtown Toronto.Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, this property provides both immediate income stability and long-term redevelopment upside.Building FeaturesApprox. 21,000 sq. ft. across 3 levelsBrick-and-beam construction with functional layoutsProminent corner frontage offering strong signage visibilityCR zoning permitting a wide range of commercial usesRedevelopment potential for higher-density mixed-use (subject to municipal approvals)TenancySolid tenant base including:Medical & healthcare officesTwo established restaurants with long-standing clienteleEvent space with consistent bookingsProfessional service officesDiverse mix ensures reliable income streams and broad market appealLocation HighlightsSteps from Toronto Metropolitan University (TMU), major hospitals, and subway stations at College and DundasSituated in one of Torontos fastest-growing corridors, surrounded by new high-rise residential developmentsHigh pedestrian traffic, strong daytime population, and excellent transit connectivityProximity to education, healthcare, retail, and residential communities ensures tenant demand and long-term stabilityInvestment SummaryThis property combines the character and functionality of a brick-and-beam downtown building with the income security of established tenancies. Its prime corner location and CR zoning offer an attractive future redevelopment opportunity, making it a strong hold for investors, developers, or owner-users.
Price $23,500,000
Taxes: $122,689
Tax Type: Annual
Occupancy by: Tenant
Address: 66 Gerrard Stre East , Toronto, M5B 1G3, Toronto
Postal Code: M5B 1G3
Province/State: Toronto
Legal Description: LT 17 N/S GERARD ST PL 22A TORONTO; PT L
Directions/Cross Streets: Gerrard St E & Church
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Category: Office
Building Percentage: T
Total Area: 20,956
Total Area Code:  Square Feet
Office/Appartment Area: 13730
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Maintenance: 0
Heat Type: Other
Central Air Conditioning: Yes
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.

66 Gerrard Stre East , Toronto, M5B 1G3, Toronto


 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style:
Lot Size: x 100.99(Feet)
Approximate Age:
Tax: $122,689
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->