$1,250,000
Toronto
708 Gerrard Street East, Toronto (North Riverdale), Ontario, M4M1Y3
This retail property in Toronto is for sale offering roughly 2,583 sq ft of space. It has been on the market 5 days, fresher than the Toronto average of 60 days.
An Inspired Space For Business, Creativity And Opportunity. Not Your Typical Commercial Property! Welcome To 708 Gerrard Street East, A Distinctive Standalone Commercial Building Offering Approximately 2,600 Sq. Ft. Of Character-Filled Work Space In Toronto's Vibrant East End. Behind Its Doors Lies An Inspiring Loft-Style Interior Where Soaring Exposed Ceilings, Industrial Architectural Details, Polished Concrete Floors And Oversized Windows Create An Impressive Sense Of Space And Natural Light. The Thoughtfully Designed Main Floor Features A Welcoming Reception Area, Dedicated Boardroom, Private Office And Expansive Open-Concept Workspace, Offering An Ideal Balance Of Collaborative And Private Working Environments. A Spacious Kitchen/Eating Area, Two Washrooms And Multiple Storage Areas Add Everyday Convenience, While The Bright Mezzanine Office (Just Over 400 Square Feet) Provides Additional Flexibility. Currently Configured As A Creative Professional Workspace, The Property's Adaptable Layout And CR4.0(c1.0;r4.0) Zoning Offer Possibilities For A Variety Of Commercial Uses. For Those With A Broader Vision And Subject To Zoning Verification, The Building May Also Present An Intriguing Opportunity To Explore A Combined Live/Work Configuration. Situated Along Gerrard Street East, Surrounded By Established Neighbourhood Businesses And A Thriving Residential Community, The Property Enjoys Excellent Connectivity With TTC Streetcar Service, Convenient Access To Downtown Toronto And The Don Valley Parkway, And The Added Benefit Of The Future Ontario Line Gerrard Station, Currently Under Construction At Gerrard And Carlaw. Offered With Vacant Possession, This Is An Exceptional Opportunity For Entrepreneurs, Creative Professionals Or Investors To Establish Their Vision In A Building With Distinctive Architectural Character And Versatility. A Space To Inspire. A Location To Connect. An Opportunity To Make Your Own. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This retail in Toronto (North Riverdale) has been listed for 5 days, which is 55 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,250,000, about 12.6× the local median household income of $99,000.
Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4M)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →

