66 Gerrard St E

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

Description

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 (subject to municipal permissions).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.

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 20,956 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
  • MLS
    C12387033
  • Listing contracted with: RE/MAX ALL-STARS REALTY INC.

Transit Accessibility

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

Location