$1,480,000
↓ $200,000 from $1,680,000
Est. payment $6,553/moCalculate yours
945 Gerrard Street E, Toronto, ON M4M 1Z1
South Riverdale, Toronto, ON M4M 1Z1
- 8 Beds
- 5 Baths
- 1,500 Sq Ft
Listing courtesy of FIRST CLASS STARLINK REALTY MLS® E13753746
About this home
Rare opportunity for investors, end-users or those seeking long-term value-add potential along Gerrard Street East. Mixed-use property situated in a vibrant commercial-residential corridor. Zoned CR - Commercial Residential. The property features four separate entrances, offering excellent flexibility for access, layout and future use. Enjoy a highly convenient location close to mall, restaurants, parks, everyday shopping and local amenities, with easy streetcar access and rear laneway access. Property is currently vacant and being sold in “as-is, where-is” condition. Buyer to conduct their own due diligence and verify zoning, licensing, permitted uses, building/fire code compliance, measurements and future intended use.
Property details
Overview
- Property Type
- Store W Apt/Office
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 5
- Kitchens
- 3
- Total Rooms
- 0
- Basement
- Finished, Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Flat
- Water
- Municipal
Lot & Parking
- Lot Size
- 18.42 x 110 Feet
- Parking
- None garage · 2 total
- Zoning
- CR2.5(c1;r2.5)*1579)
Financial
- Property Taxes
- $6,621 (2025)
Location
- Neighbourhood
- South Riverdale
- Cross Street
- Gerrard/Pape
- Direction Faces
- South
Listing
- MLS® Number
- E13753746
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- IMME
- Listed By
- FIRST CLASS STARLINK REALTY
Features
Interior
- None
Pool
- None
- Included
- Existing appliances, light fixtures and window coverings, in as-is condition.
Mortgage calculator
Estimated mortgage payment
$6,553 per month
- Principal and interest
- $6,553
- Property tax
- $552
- Condo fees
- $0
- Estimated monthly cost
- $7,105
Your mortgage
- Mortgage amount
- $1,184,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $781,936
Cash to close
- Down payment
- $296,000
- Land transfer tax (Ontario + Toronto)
- $52,150
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $348,150
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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