22 days on Market

86 Gerrard St #1B, Toronto, Ontario M5B 2J1

In the same building:
-
Condo
1 + 1
1
~500-599 sqft
$488,000
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Condo
1 + 1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$895/sqft

Est. Mortgage$2,096/mo

Maintenance fees$767/mo

Tax Amount (2024)$2,160/yr

Days On Market22 days


Description

Experience unique loft living in the heart of downtown Toronto! This spacious 553 sq. ft. studio with den (ideal as a bedroom) features an open-concept layout enhanced by soaring 13' ceilings and floor-to-ceiling windows. Enjoy a large private terrace where BBQs are permitted perfect for entertaining. Stylish finishes include hardwood floors and granite countertops. Located directly across from Toronto Metropolitan University, and just steps from Yonge-Dundas Square, shopping, restaurants, and easy transit access, this is urban living at its finest! **EXTRAS** All Existing S/S Appliances: Fridge, Stove, Dishwasher, B/I Microwave. Stacked Front Loading Washer/Dryer, Kitchen Under Cabinet Lighting, Ductless Wall AC Unit.


Property Details

StyleApartment
View-
Age of property31-50
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11938388
Community NameChurch-Yonge Corridor
Data SourceTRREB
Listing byPROMPTON REAL ESTATE SERVICES CORP.

Features

Heating: Other
Cooling: Wall Unit

Flat Floor

Kitchen

5.13 x 2.32

Ceramic Floor

Dining

5.12 x 1.80

Hardwood Floor / Combined W/Kitchen / Window Flr to Ceil

Br

2.26 x 2.18

Hardwood Floor / Granite Counter

Living

5.27 x 2.92

Hardwood Floor / Combined W/Dining / Window Flr to Ceil


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Bbqs Allowed, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 23, 2025
ListedActive
$488,000
22 days on market
history photo preview21
Listing by trreb®
Property listed by PROMPTON REAL ESTATE SERVICES CORP., Brokerage

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Market Data - Church-Yonge Corridor

Geo Zone Map ThumbnailChurch-Yonge Corridor

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

38 days

2023

31 days

2022

17 days

New Listings

Past 30 days

345 listings

Compared to

2024

250 listings

2023

161 listings

2022

86 listings

Units sold

Past 30 days

34 units

Compared to

2024

42 units

2023

31 units

2022

119 units

Median Sold Price

Past 30 days

$579,500

Compared to

2024

$635,400

2023

$662,000

2022

$680,000


Population and Demographics

Overview

Total population 40965
Average household income $118,874

Age (%)

20 to 34
48%
35 to 49
19%
50 to 64
15%
65 and plus
10%
0 to 19
8%

Household composition (%)

Single person
58%
Single family
29%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
15%
Yue (Cantonese)
4%
Spanish
4%
Korean
3%
French
3%
Arabic
3%
Others
2%
Russian
2%
Hindi
1%

House tenancy (%)

Renters
71%
Owners
29%

Schools and amenities

Estimated Budget