5 days on Market

290 Gerrard St, Toronto, Ontario M5A 2G4

Townhouse
-
3
~2541 sqft
$1,850,000
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Townhouse
-
3
~2541 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$728/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$1.5M

Median sold price*

*Based on last 30 days

Description

Incredible Mixed-Use Opportunity in Prime Downtown East Location! Welcome to 290 Gerrard St E – a versatile and well-maintained mixed-use building in the heart of Cabbagetown South. The main floor features a charming, fully operational café space with high visibility and steady foot traffic – perfect for owner-operators or investors. Upstairs, the spacious upper levels offer thoughtfully laid-out residential units with separate entrances, ideal for rental income or live-work flexibility. Kitchen and floors renovated within the last 3 years on 2nd level. This is a rare opportunity to own a character-rich property that blends commercial exposure with residential convenience. Access to 2nd floor via stairs at back of property. Surrounded by trendy shops, transit, and thriving community energy, this property is perfect for entrepreneurs, investors, or anyone seeking a dynamic Toronto asset. Zoned CR (commercial residential), allowing for various uses and future potential. Laneway suite development opportunity available. **Vacant possession option**


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2541 SqFt
Lot Size2,541 SqFt(132 x 19.25)
Parking Spaces6
MLS ®Number40761025
Community NameCabbagetown
Data SourceITSO
Listing byRevel Realty Inc.

Features

Heating: Electric
Cooling: Other
Basement: Partial, Unfinished

Features

Lot size: 2,541 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

17 days

2023

7 days

2022

7 days

New Listings

Past 30 days

6 listings

Compared to

2024

5 listings

2023

7 listings

2022

4 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$1,675,000

Compared to

2024

$1,504,000

2023

$1,220,000

2022

$2,425,000


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

0 to 19
14%
20 to 34
30%
35 to 49
22%
50 to 64
21%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget