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$23,500,000
Available - For Sale
Listing ID: C12387033
For Sale - 66 Gerrard Street East, TorontoThree-Storey Commercial Building | Approx. 21,000 Sq. Ft. | Corner of Gerrard St E & Church StA well-maintained, three-storey brick-and-beam commercial building positioned at the southeast corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot. Zoned CR, the site supports a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses .Building HighlightsProminent corner location with strong visibility and signage potentialEfficient floor layouts across all three levelsStable tenant mix providing dependable incomeCurrent occupants include medical/healthcare offices, professional services, two restaurants, and an event venue with active operationWell-managed asset with consistent day-to-day performanceLocation AdvantagesSituated steps from Toronto Metropolitan University, major hospital institutions, public transit, and established residential and institutional nodes. The area benefits from high pedestrian and vehicle traffic, a strong daytime population, and convenient access to neighbourhood amenities.Investment SummaryAn opportunity to acquire a solid income-producing asset with long-term redevelopment potential in one of Toronto's high-growth urban corridors. Well-suited for investors, developers, or owner-users seeking a centrally located downtown commercial property.
Price $23,500,000
Taxes: $122,689
Tax Type: Annual
Occupancy by: Tenant
Address: 66 Gerrard Street East , Toronto, M5B 1G3, Toronto
Postal Code: M5B 1G3
Province/State: Toronto
Legal Description: LT 17 N/S GERARD ST PL 22A TORONTO; PT L
Directions/Cross Streets: Gerrard St E & Church
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Category: Retail
Building Percentage: T
Total Area: 20,956
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Yes
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RE/MAX ALL-STARS REALTY INC.

66 Gerrard Street East , Toronto, M5B 1G3, Toronto

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Maria Tompson
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416-548-7854
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style:
Lot Size: x 100.99(Feet)
Approximate Age:
Tax: $122,689
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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