For Sale: 1659 Gerrard Street E, Toronto, ON - REW
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$1,998,000
8 bd • 8 ba • 2000 - 2499 sf • House
1659 Gerrard Street E
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$1,998,000
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1659 Gerrard Street EToronto, ON, M4L 2A9

Woodbine Corridor
  • 8 Bed
  • 8 Bath
  • 2000 - 2499 Sqft
  • House

About this home

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-maintenance features 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 straightforward opportunity to add a well-located, income-producing asset to your portfolio. (id:63626)
Listed by: Michael Majeski, Broker of Record, RE/MAX REALTY SPECIALISTS INC.

Home facts and features

Price details
List Price
$1,998,000
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Gross Taxes for 2026
$6,794
Home facts
Bedrooms
8
Full Bathrooms
8
Parking Spaces
5
Parking Details
No Garage
Property Type
House
Depth
110 feet
Frontage
25.0 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Natural gas
Basement Details
Partially finished, Separate entrance, ,
Features
Carpet Free, In-Law Suite
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater, Water meter
Community
Agent details
Primary Agent
Michael Majeski
Primary Broker
RE/MAX REALTY SPECIALISTS INC.
Listing details
Days on REW
1 Day
MLS® Number
E13689622
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

ÉÉC Georges-Étienne-Cartier
  • Catholic
  • JK - 6
Bowmore Road Junior & Senior Public School
  • Public
  • JK - 8
Roden School
  • Public
  • JK - 8
Monarch Park Collegiate Institute
  • Public
  • 9 - 12
Kew Park Montessori Day School
  • Private
  • 1 - 6
Earl Haig Public School
  • Public
  • JK - 8
St Patrick Catholic Secondary School
  • Catholic
  • 9 - 12
Greenwood School
  • Public
  • 9 - 12
Norway Junior Public School
  • Public
  • JK - 6
Duke of Connaught Junior & Senior Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Michael Majeski
Phone:
(905) 272-3434
Cell:
416 988342
Office:
905-272-3434
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