A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1659 Gerrard St, Toronto Ontario M4L 2A9
1 day on Market

1659 Gerrard St, Toronto, Ontario M4L 2A9

Other
-
8
~3426 sqft
$1,998,000
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Other
-
8
~3426 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$583/sqft

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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.


Property Details

StyleApartment
View-
Age of property-
SqFt~3426 SqFt
Lot Size2,750 SqFt(110 x 25)
Parking Spaces5
MLS ®NumberE13689614
Community NameThe Beaches
Data SourceTRREB
Listing byRE/MAX REALTY SPECIALISTS INC.

Features

Heating: Gas Hot Water
Cooling: N

Features

Lot size: 2,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Aug 19, 2026
Listed for
$1,998,000
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Listed
$•••,•••
1 day on market
history photo preview48
Listing by trreb®
Property listed by RE/MAX REALTY SPECIALISTS INC., Brokerage
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Market Data - The Beaches

Geo Zone Map ThumbnailThe Beaches

Seller's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

20 days

2024

16 days

2023

9 days

New Listings

Past 30 days

65 listings

Compared to

2025

70 listings

2024

76 listings

2023

63 listings

Units sold

Past 30 days

36 units

Compared to

2025

48 units

2024

36 units

2023

31 units

Median Sold Price

Past 30 days

$1,185,000

Compared to

2025

$1,227,500

2024

$1,298,000

2023

$1,390,000


Population and Demographics

Overview

Total population 40863
Average household income $210,334

Age (%)

0 to 19
23%
20 to 34
15%
35 to 49
24%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
88%
Others
5%
French
2%
Yue (Cantonese)
2%
Spanish
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget