For Sale: 243 Gerrard Street E, Toronto, ON - REW
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$998,000
2 bd 3 ba 2119 sf Townhouse

243 Gerrard St EToronto, ON, M5A 2G1

Moss Park
  • 2 Bed
  • 3 Bath
  • 2119 Sqft
  • Townhouse

About this home

Rare investment opportunity in the heart of Cabbagetown, offered for the first time in 26 years. This 1875 historical three storey residential and commercial mixed-use row building offers incredible flexibility in one of Toronto’s most vibrant and evolving east-end corridors. Zoning CR1.5(c1;r1*1906). Positioned along a well-traveled and highly visible strip between Sherbourne and Parliament, 243 Gerrard Street East benefits from steady pedestrian traffic, direct access to transit, and close proximity to Regent Park, Leslieville, and downtown Toronto. The surrounding neighbourhood continues to experience strong reinvestment. The interior showcases beautiful period proportions with high ceilings, incredibly spacious principal rooms, skylights, and glass block that allow natural light to fill the main floor. A bedroom with access to the private backyard adds further flexibility. Upstairs, a sun-filled two storey fully self-contained suite spans the second and third floors, complete with south-facing decks. The lower level features a second kitchen, living area, three-piece washroom, laundry, and ample storage space with direct access to the backyard, ideal for a variety of live and work or income-generating configurations. The front exterior reflects the true charm of Cabbagetown’s late nineteenth-century architecture, with a fine-grain classic brick façade. At the rear, there is a fully secured right-of-way gated parking area accessed from Ontario Street. This is an exceptional opportunity for investors, owner-operators, or buyers seeking a character-rich property with long-term upside.
Listed by: Susan Gail Toyne, SOTHEBY`S INTERNATIONAL REALTY CANADA

Home facts and features

Price details
List Price
Gross Taxes for 2025
$6,824
Home facts
Bedrooms
2
Full Bathrooms
3
Parking Spaces
1
Property Type
Townhouse
Cooling
Central A/C
Community
Agent details
Primary Agent
Primary Broker
SOTHEBY`S INTERNATIONAL REALTY CANADA
Listing details
Days on REW
49 Days
Property Views
50
MLS® Number
C13003638
Source
Sotheby's International Realty
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Interest Rate
3.99%

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Property Insights

Lord Dufferin Junior & Senior Public School
  • Public
  • JK - 8
TAIE International Institute
  • Private
  • 10 - 12
Winchester Junior & Senior Public School
  • Public
  • JK - 8
Sprucecourt Junior Public School
  • Public
  • JK - 8
É Élém Gabrielle-Roy
  • Public
  • JK - 6
Our Lady of Lourdes Catholic School
  • Catholic
  • JK - 8
Collège français
  • Public
  • 7 - 12
Canada's National Ballet
  • Private
  • 6 - 12
Nelson Mandela Park Public School
  • Public
  • JK - 8
Church Street School
  • Public
  • JK - 6
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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.