$1,998,000
1659 Gerrard Street E, Toronto, ON M4L 2A9
Woodbine Corridor · E02
Listing courtesy of RE/MAX REALTY SPECIALISTS INC.
Woodbine Corridor · E02 · M4L 1S7
$2,100,000
$700 / sq ft1 months on market
Freestanding mix-used property in the prime location on Kingston Road in Toronto, just minutes from the Woodbine Beaches neighborhood. Easy access to downtown Toronto, major highways, and the waterfront. Well-maintained income property with established 1 commercial and 4 residential tenants. Strong rental income with additional upside potential through future lease renewals and rental growth. Excellent investment opportunity offering stable cash flow and long-term capital appreciation. Future Town home development potential, subject to municipal approval. Ideal for both private investors and institutional purchasers.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 40% of comparable multi-unit / investment listings in Toronto are asking less.
Based on 95 comparable active multi-unit / investment listings in Toronto. 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 $2,100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of NU STREAM REALTY (TORONTO) 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.
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$1,998,000
Woodbine Corridor · E02
Listing courtesy of RE/MAX REALTY SPECIALISTS INC.