1659 Gerrard Street E, Toronto, ON M4L 2A9
Toronto E02, ON, M4L 2A9 · Woodbine Corridor
About this property
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.
Features & Amenities
- Basement: Partially Finished, Separate Entrance
- Garage: None
- Cooling: None
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 8 |
| Basement | Partially Finished, Separate Entrance |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $6,794 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater Owned, Water Meter, In-Law Suite, Floor Drain, Carpet Free, Accessory Apartment
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Partially Finished, Separate Entrance
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 110.00
- Lot Width
- 25.00
Financial & Tax
- Tax Annual Amount
- $6,794
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Rooms Below Grade
- 4
- Kitchens Above Grade
- 8
- Kitchens Total
- 8
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Toronto
- Cross Street
- Gerrard St E and Coxwell
- Directions
- North on Coxwell Ave, Turn right onto Gerrard St E.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
1659 Gerrard Street E, Toronto, ON M4L 2A9, Toronto E02, ON, M4L 2A9