NewFor Sale

1659 Gerrard Street E
Toronto E02, Toronto, ON, M4L 2A9

Investment
TRREB
MLS® Number: E13689614

RE/MAX REALTY SPECIALISTS INC.

Listing brokerage
$1,998,000List Price
InvestmentProperty Type
3,426 sq ftSize
$6,794.32 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 1659 Gerrard Street E, Toronto, ON M4L 2A9

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Description

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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$6,794.32 / 2025
Listing #:E13689614
Property Type:Investment
Size:3,426 sq ft
Land Size:25 x 110
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX REALTY SPECIALISTS INC.

Details

Property

Property Type:Investment
Community:Woodbine Corridor
Municipality:Toronto

Building

Size:3,426 sq ft

Inside

Bedrooms:0
Bathrooms:8
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Gerrard St E and Coxwell

$1,998,000

List price

1659 Gerrard Street E, Toronto E02 – Investment for sale · MLS® # E13689614