1659 Gerrard Street, Toronto, ON

$1,998,000
MLS#:E13689614
0 beds
8 baths
Commercial
Commercial for sale - 0 Bed, 8 Bath Home at 1659 Gerrard Street Toronto ON listed at $1,998,000 (MLS# E13689614) - Main View
For Sale
Added:Aug 18, 2026(22 days ago)
Updated:Aug 18, 2026(22 days ago)
Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Woodbine Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 8 Bathrooms
  • Premium 25 x 110 ft lot size
  • equipped with no central cooling and highly efficient gas hot water heating

Description

A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets,entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenancefeatures that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full,offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools -a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straight forward opportunity to add a well-located, income-producing asset to your portfolio.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This investment located at 1659 Gerrard Street, Toronto is currently for sale and has been available on SousaSells for 22 days. This property is listed at $1,998,000 with an estimated mortgage of $6,651* per month. It has 0 beds, 8 bathrooms, and is unknown square feet. 1659 Gerrard Street, Toronto is in the Woodbine Corridor neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Woodbine Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •8 well-appointed bathrooms
  • •Desirable Investment architecture in Woodbine Corridor, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
8
Property Type
Commercial

Additional Details

StatusActive
Price$1,998,000
AddedAug 18, 2026 (22 days ago)
UpdatedAug 18, 2026 (22 days ago)
Last Checked7 minutes ago
Transaction TypeFor Sale
List Office NameRE/MAX REALTY SPECIALISTS INC.

Property Details

Property Sub-TypeInvestment
Lot Size25 Ă— 110 Feet
CountyToronto
Annual Tax$6,794.32
Legal DescriptionPT LT 3 PL 460E TORONTO AS IN CA721351, S/T CA721351; CITY OF TORONTO

Parking & Garage

Parking Space5
Garage TypeNone

Heating & Cooling

Heat TypeGas Hot Water
CoolingNo

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 1659 Gerrard Street, Toronto, ON

Q.What is the asking price for 1659 Gerrard Street, Toronto, ON ?

The current listing price for 1659 Gerrard Street, Toronto, ON in Woodbine Corridor, Toronto is $1,998,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 8 bathrooms.

Q.What property type and architectural style is 1659 Gerrard Street, Toronto, ON ?

1659 Gerrard Street, Toronto, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via No.

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Location

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1659 Gerrard Street, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Woodbine Corridor, Toronto

SAFETY RATING8.7 / 10
Low Incident Area
Total Annual Incidents174 incidents / yr
Average Per Month14.5 incidents / mo
Population Benchmark13,722 residents
Personal Safety
Elevated

105 assaults (764.1/100k)

Property Security
Moderate

21 B&E (152.8/100k)

Auto Theft Risk
Elevated

22 thefts (160.1/100k)

1-Year Trend
â–Ľ 14.3%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 1659 Gerrard Street E, Toronto, ON M4L 2A9

Estimated Sales Range
$1,898,000 - $1,958,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$599,400 (30.0%)
* Minimum Canadian down payment required for this price is $399,600.
Amortization Period30 Years
Estimated Monthly Payment$6,651Based on a loan of $1,398,600 over 30 years.
Purchase Price$1,998,000
Loan Amount$1,398,600
Provincial Land Transfer Tax:$36,435
Toronto Municipal Land Transfer Tax:$36,435
Total Estimated Closing Taxes:$72,870

About Purchasing a Home in Toronto, ON

For a property listed at $1,998,000 in Toronto, the legal minimum down payment is $399,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,435 also applies, bringing the total estimated land transfer taxes to $72,870.

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Woodbine Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woodbine Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,991,737

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Woodbine Corridor, Toronto

Elementary Schools

Roden
Public151 Hiawatha Road, East York, Toronto, Ontario, M4L 2Y1
5.3
Georges-Étienne-Cartier
Public250 Gainsborough Road, East York, Toronto, Ontario, M4L 3C6
7.7
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Duke of Connaught
Public70 Woodfield Road, Toronto, Ontario, M4L 2W6
6.6
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6

Secondary Schools

Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8

Woodbine Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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