• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
  • +1-905-744-6000
  • info@findhomes.ca
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Pending 41 days
243 Gerrard Street E, Toronto, ON M5A 2G1

243 Gerrard Street E, Toronto, ON M5A 2G1

Toronto C08, ON, M5A 2G1 · Moss Park

3 Beds
3 Baths
— Sq Ft
1 Parking
Att/Row/Townhouse Type
C13003638 MLS#

About this property

Rare investment opportunity in the heart of Cabbagetown for the first time in 26 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors.**Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefitsfrom steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. Thesurrounding neighbourhood continues to experience solid reinvestment. The interior showcases beautiful period proportions with high ceilings, incredibly spacious principle rooms, skylights & glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access tothe backyard - ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th-century architecture with its fine-grain and classic brick facade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. This is an opportunity for investors, owner-operators, or buyers seeking a character-rich property with a long term upside.

Features & Amenities

  • Basement: Separate Entrance, Full, Development Potential
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 3-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Att/Row/Townhouse
Architectural Style 3-Storey
Bedrooms 3
Bathrooms 3
Basement Separate Entrance, Full, Development Potential
Garage None
Parking Spaces 1
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $6,824
Tax Year 2025

Interior Features

Interior Features
Accessory Apartment, In-Law Capability, Storage Area Lockers, Water Heater

Exterior Features

Other Structures
Fence - Full
Pool Features
None

Building & Construction

Architectural Style
3-Storey
Construction Materials
Brick
Foundation Details
Poured Concrete
Roof
Asphalt Shingle, Flat
Basement
Separate Entrance, Full, Development Potential
Approximate Age
100+

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
1
Parking Total
1.00
Parking Features
Right Of Way
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
92.00
Lot Width
17.23

Community & Neighborhood

Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Financial & Tax

Tax Annual Amount
$6,824
Tax Year
2025
Possession Type
30-59 days
Possession Details
30-60 Days/TBA

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
8
Rooms Below Grade
2
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
2
Bedrooms Below Grade
1

Additional Details

Occupant Type
Owner
Direction Faces
South
County Or Parish
Toronto
Cross Street
Parliament St & Gerrard St. East
Directions
Follow your GPS
Special Designation
Heritage
Showing Requirements
See Brokerage Remarks

Location

243 Gerrard Street E, Toronto, ON M5A 2G1, Toronto C08, ON, M5A 2G1

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
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  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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