Room 1
Level not provided
1415 Gerrard St
Greenwood-Coxwell, Toronto, Ontario M4L 1Z5
Description
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- E12971250
- Board
- TRREB MLS®
- Days on market
- Tax
- $1,330,000
- Size
- 5000 + sqft
- Lot
- 17.5 × 114.78 Feet
- Parking
- None, 3 Parking
Listing History
Listing activity for 1415 Gerrard St, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $3,499,990 | N/A | Pc | E12971250 |
Property Details
Property
- Property Type
- Other
- Style
- Other
- Community
- Greenwood-Coxwell
- Municipality
- Toronto
Inside
- Bedrooms
- 11
- Bathrooms
- 8
- Bathroom Detail
- 8, 3pc
- Basement Type
- Full
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- Other
Building
- Size
- 5000 + sqft
- Construction
- Alum Siding
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 3
- Total Parking
- 3
Land
- Sewer
- Sewers
- Lot Size
- 17.5 × 114.78 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Poured Concrete
- Roof
- Flat
- Pool
- None
Rooms (1)
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 9 on record nearby 8 checked, none on recordRead 2026-11-04
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 69 building permits issued within 250 m in the last 2 years
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 6.9 km
- Mapped parcel: about 2,100 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home
- Nearest rail line: 560 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — 843 Eastern Avenue, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$16,044
- Down payment$699,998
- Mortgage amount$2,799,992
- Total interest$2,013,208
- Total cost$5,513,198
Cash flow analysis
$16,044
Total monthly payment
$126,877
Break-even down payment
100%
Cash flow-$126,877
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$3,499,990
$3,499,990
CAD
Estimate unavailable
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