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Toronto
$5,450,000
1395 GERRARD STREET E, Toronto, M4L1Z3
MLS Number: E13214710
Beds
22
Baths
16
Listing
For Sale
Type
Freehold
Square Feet
5,000 - 100,000
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.39%! 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 2 vacant units (1x1BR, 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.
Location
1395 GERRARD STREET E, Toronto, M4L1Z3
Nearby Schools
Distances are measured in a straight line from this property.
Equinox Holistic Alternative School
Elementary school · Grades JK-8
Toronto DSB
151 Hiawatha Road, Toronto, Ontario, M4L2Y1
Roden Public School
Elementary school · Grades JK-8
Toronto DSB
151 Hiawatha Rd, Toronto, Ontario, M4L2Y1
Duke of Connaught Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
70 Woodfield Rd, Toronto, Ontario, M4L2W6
ÉÉC Georges-Étienne-Cartier
Elementary school · Grades JK-6
CS catholique MonAvenir
250 Gainsborough chemin, Toronto, Ontario, M4L3C6
Leslieville Junior Public School
Elementary school · Grades JK-6
Toronto DSB
254 Leslie St, Toronto, Ontario, M4M3C9
St Patrick Catholic Secondary School
Secondary school · Grades 9-12
Toronto CDSB
49 Felstead Ave, Toronto, Ontario, M4J1G3
Monarch Park Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
1 Hanson St, Toronto, Ontario, M4J1G6
Riverdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
1094 Gerrard St E, Toronto, Ontario, M4M2A1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$1,090,000
Mortgage Amount
$4,360,000
Principal + Interest
$25,209 / mo
5-Year Term Payments
$1,512,569
Estimated Monthly Carrying Cost
$25,859
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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