$2,550,000

For sale

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1450 Gerrard Street East, Toronto (Greenwood-Coxwell) - Retail for Sale

1450 Gerrard Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1Z8

5,700 ft²24 × 86 ft (2,035 sq ft) lot sizeListed 100 days ago

Overview

This retail property in Toronto is for sale offering roughly 5,700 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

Rarely Available Corner Mixed-Use Building at Gerrard & Craven! High-visibility 3-storey property with 5,700 sq. ft. above grade plus a full 1,900 sq. ft. basement (as per MPAC). Features established ground-floor retail (Victoria Whole Foods) paired with 4 residential units above (including 2 newer units featuring modern finishes, open-concept kitchens, skylights, and in-suite laundry). Separately metered gas/hydro and individual HWTs for all tenants. High-foot-traffic location in Leslieville/Greenwood-Coxwell and within the Gerrard India Bazaar BIA. Located right on the 506 streetcar line, minutes to Coxwell station & Greenwood Park. A fantastic, high-exposure asset with solid in-place income and outstanding value-add potential! Please do not go direct or disturb the tenants. Financials and full data room available. (id:66096)

Property Details

MLS®: E13611402
Property Type: Retail
Zoning: CR 2.0 (c1.0; r2.0) SS2 (x1573)
Interior Size: 5,700 ft²
Lot Size: 24 × 86 ft (2,035 sq ft)
Frontage: 24 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $14,313.05/yr
Listed: 100 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

100d

Toronto (Greenwood-Coxwell) listings, avg age

51d

Price / ft²

$447

List price

$2.55M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This retail in Toronto (Greenwood-Coxwell) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE ESTATE REALTY · BRAM JONATHAN ZEIDENBERG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $2,550,000, about 25.2× the local median household income of $101,000.

Carrying it typically needs a household income of about $498,104 (20% down, 25-yr amortization, stress-tested) — roughly 393% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$2,550,000· $447/ft²

For sale

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Financing

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