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For saleMLS® E13638510

617 Gerrard Street E, Toronto, ON M4M 1Y2

South Riverdale · E01 · M4M 1Y2

$1,199,000

$449 / sq ft

3 months on market

Total area
2,669 sf
Lot
14.33 × 120 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

Prime Gerrard Street East mixed-use opportunity in South Riverdale. Attractive two-storey building featuring a large main-floor commercial space, a finished lower-level unit with a separate walk-down entrance, and a three-bedroom apartment above on a month-to-month tenancy. The main-floor and lower-level spaces will be delivered vacant on closing, providing flexibility for investors and an excellent opportunity for owner-users. Located in an established, revitalized east-end neighbourhood surrounded by restaurants, cafés, shops and local businesses, with convenient transit access and minutes to the DVP. Near the future Ontario Line Gerrard Station and proposed Gerrard-Carlaw transit-oriented community.

Property details

Property

Property type
retail
Interior size
2,669 sq ft
Lot size
14.33 × 120 ft
Zoning
CR2.5(c2;r2*2223)
Possession
tbd

Interior

Heating
Electric Forced Air
Cooling
Partial

Exterior & services

Garage
Outside/Surface

Costs

List price
$1,199,000
Property taxes
$11,692 / year (2026)
Price per sq ft
$449

Listing

MLS® number
E13638510
Status
For sale
Listed
August 5, 2026
Days on market
92
Last updated
October 26, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 24% of comparable retail listings in South Riverdale are asking less.

$915KMedian $1.69M$3.75M
This home
$449 / sq ft
Comparable median
$664 / sq ft

Based on 17 comparable active retail listings in South Riverdale. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.9% · minimum $94,900
$94,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,104.76
Property tax (est.)
$974.31
Estimated monthly
$7,079

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$20,455
Toronto municipal
$20,455
Total due on closing
$40,910

An estimate on the asking price of $1,199,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,199,000

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