Address
1395 Gerrard Street E, Toronto, ON
Price
$ 5,450,000
Property Attributes
- MLS#E13214710
- TypeMulti-Family
- Listing Status New
- CityToronto
- AreaGreenwood-Coxwell
- NeighbourhoodGreenwood-Coxwell
- Postal CodeM4L 1Z3
- Style
- Taxes$ 24891
- Price$ 5,450,000
- Bedrooms22
- Full Bathrooms16
- Half Bathrooms0
- Sqr Footage5000 +
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 3 vacant units (2x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
| Price History | |
|---|---|
| 5/29/2026 | Listed $5,450,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Other |
| Roof | Asphalt Rolled,Tar and Gravel |
| Architectural Style | Other |
| Pool Features | None |
| Security Features | Carbon Monoxide Detectors,Smoke Detector |
| Construction Materials | Brick |
| Heater Type | Other |
| Parking Spaces | 7 |
| Property Subtype | Multiplex |
| Tax Year | 2025 |
| Lot Depth | 120.16 |
| County | Toronto |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | No |
| Status | New |
| City | Toronto E01 |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 24891.33 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | LT 11 PL 1357 TORONTO; CITY OF TORONTO |
Interior Features
| Interior Amenities | None |
|---|---|
| Basement | Finished |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 22 |
| Elevator? | No |
| Total Baths | 16 |
| Bedrooms | 21+1 |
| Living Area Range | 5000 + |
Exterior Features
| Parking Features | Other |
|---|---|
| Total Parking | 7.0 |
| Garage Type | None |
| Foundation Details | Unknown |
| Spa | No |
| Lot Size Source | GeoWarehouse |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in M4L 1Z3
Price
Visits
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested