$1,490,000
1487 Gerrard Street E, Toronto, ON M4L 2A4
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
Greenwood-Coxwell · E01 · M4L 1C9
$1,789,000
$516 / sq ft5 days on market
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$1,490,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
Rare opportunity to acquire a charming Victorian mixed-use commercial/residential building on vibrant Queen Street East. Offering approximately 2,541 sq. ft. above grade, including 1,070 sq. ft. on the main level currently configured as a professional wellness clinic featuring a reception area, multiple treatment rooms, staff area and washrooms. Above, approximately 1,471 sq. ft. of residential space includes a spacious 2-bedroom apartment along with additional accommodation space currently utilized for short-term stays, offering flexibility for owner occupancy, guest accommodations, home office use or supplemental income. Detached one-car garage plus a separate studio space ideal as a meeting room, private office, creative workspace or consultation area. Rear lane access may offer future redevelopment opportunities, subject to buyer due diligence and municipal approvals. Basement storage and premium Queen Street East exposure. Ideally situated just east of the recently completed Ashbridge development, benefiting from increased residential density and foot traffic in the area. CR zoning permits a wide range of commercial and residential uses. Ideal for owner-operators, investors, healthcare professionals and professional service firms seeking a highly visible Queen Street East location with residential income potential and strong long-term upside.
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This home is priced in line with comparable listings — about 50% of comparable retail listings in Greenwood-Coxwell are asking less.
Based on 10 comparable active retail listings in Greenwood-Coxwell. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,789,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE ESTATE REALTY. 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.

$1,490,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,490,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,648,000
Greenwood-Coxwell · E01
Listing courtesy of CENTURY 21 PARKLAND LTD.