66 Gerrard St E

LocationChurch-Yonge Corridor, M5B 1G3
$23.5M For Sale
Property Images
Property Images

Description

66 Gerrard Street East presents an outstanding opportunity to acquire a well-maintained, three-storey brick-and-beam commercial building located at the prominent corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 square feet of leasable area on a 78 ft. x 101 ft. lot and is designated under CR zoning, permitting a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses.The building features strong corner exposure, functional floor layouts, and a stable tenant mix generating consistent rental income. Current occupants include medical and healthcare offices, professional service firms, two established restaurants, and an event venue with regular bookings.Ideally situated steps from Toronto Metropolitan University, major hospitals, public transit, and new residential and institutional developments, the property benefits from excellent visibility, high pedestrian and vehicular traffic, and a strong daytime population.This asset provides both steady income and long-term redevelopment potential in one of Toronto's most dynamic growth corridors, making it suitable for investors, developers, and owner-occupiers seeking a high-profile downtown location.

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 20,956 sqft
  • Commercial Office Area
    Office Area: 13,730 sqft
  • Commercial Retail Area
    Retail Area: 6,856 sqft
  • Commercial Parking Types
    Parking Types: None

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 122,689
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    C12387032
  • Listing contracted with: RE/MAX ALL-STARS REALTY INC.

Transit Accessibility

College Subway Station (0.4km)
Union Go Train Station (1.6km)

Location