1415 Gerrard Street E
Toronto (Greenwood-Coxwell), ON M4L 1Z5
- 11Bedrooms
- 8Bathrooms
- 0Garage
- 5000 +Sq Ft
- $1,330,000Tax
- 18×115 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 1415 Gerrard Street E, Toronto, Greenwood-Coxwell
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 1415 Gerrard Street E, Toronto, Greenwood-Coxwell
Summarized Description
- Turn-key mixed-use property in downtown Toronto
- Fully renovated with high-end finishes
- Includes one commercial and five residential units
- High-exposure corner lot for excellent visibility
- Over 7,000 sq ft of leased space available
- Three on-site parking spaces for convenience
- Ideal for investors seeking stable income
- Seller offers flexible financing options
Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with a full basement plus five high-end residential apartments above. Situated on a high-exposure corner lot with over 7,000 sq. ft. of leased space and three on-site parking spaces, this is a low-maintenance, cash-flowing asset ideal for investors. The government-subsidized daycare tenant has recently signed a 10-year lease extension with scheduled rent increases from $32.00 to $44.00 per sq. ft. net over the lease term. All residential units are exempt from rent control, allowing annual rent increases as permitted under Ontario's post-November 2018 rules. The property currently generates approximately $220,000 NOI with a 5.54% cap rate, increasing to approximately $230,000 NOI and a 5.78% cap rate next year through scheduled rent increases. The seller is offering a 75% Vendor Take-Back (VTB) mortgage at 6.49% interest, fully open for two years to qualified buyers, allowing for positive cash flow while servicing debt. Simply acquire and enjoy this fully upgraded, income-producing asset. Contact us today for the full listing package!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,330,000
- Land Transfer Tax Fee
- $167,949
- Basement Type
- Full, Partially Finished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Other
- Building Style
- Other
- Approx Age
- 51-99
Construction
- Exterior Finish
- Aluminum Siding, Metal/Steel Siding
- Roof
- Flat
- Foundation Details
- Poured Concrete
Lot
- Lot Front
- 17.50 ft
- Lot Depth
- 114.78 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Electric
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 11
- Washrooms
- 8
- Kitchens
- 5
Room sizes
- Room—
Washrooms
- 3-piece
- Municipality
- Toronto
- Neighbourhood
- Greenwood-Coxwell
- Main cross streets
- Hiawatha Rd
- Directions
- Gerrard St E & Hiawatha Rd
- MLS® number
- E12971250
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-04-07
- Updated on
- 2026-09-03
- Days on market
- 196 days
- Possession type
- Flexible
- Co-op commission
- 2.5% of Purchase Price + HST
- Seller
- Listed by
- REALTY NETWORK
Home Market Value
Current home valuation for 1415 Gerrard Street E, Toronto, Greenwood-Coxwell, Toronto, ON. Listed for $3,749,990
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1415 Gerrard Street E, Toronto, Greenwood-Coxwell
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$749,998
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,999,992 | $2,812,492 | $2,624,993 | $2,437,493 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $14,647monthly | $13,732monthly | $12,817monthly | $11,901monthly |
Land Transfer Tax
$80,225
$87,725
$167,949
Around this home
No schools found nearby
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