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1395 Gerrard St E 21 Unit Apartment Building $5,500,000 CAD ($261,905 CAD/Unit) Toronto, ON M4L 1Z3
Investment Highlights
- Mixed-use investment with 21 residential units and one long-term commercial tenant.
- Located in a pedestrian-friendly, transit-accessible corridor with robust amenities.
- Units ready for lease at favorable market rates.
- Self-managed structure with dedicated maintenance oversight.
Executive Summary
This rare mixed-use asset at 1395 Gerrard Street East presents a strong investment opportunity in one of Toronto’s most dynamic neighborhoods. This property features 21 residential units complemented by a ground-floor commercial tenant secured under lease until December 2026. This asset delivers stable income and room for growth, making it attractive for investors seeking long-term value preservation and upside potential.
Property Facts
| Price | $5,500,000 CAD | Building Class | C |
| Price Per Unit | $261,905 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 11,000 SF |
| No. Units | 21 | Average Occupancy | 86% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low-Rise | ||
| Zoning | CR - Commercial Residential Zone | ||
| Price | $5,500,000 CAD |
| Price Per Unit | $261,905 CAD |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 11,000 SF |
| Average Occupancy | 86% |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | CR - Commercial Residential Zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Courtyard
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 365 |
| 1+1 | 15 | - | 442 |
| 2+1 | 2 | - | 909 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
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1395 Gerrard St E
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