$1,499,900
1396 Gerrard Street E, Toronto, ON M4L 1Z4
Greenwood-Coxwell · E01
Listing courtesy of KAY REAL ESTATE LTD.
Greenwood-Coxwell · E01 · M4L 1E9
$1,275,000
$833 / sq ft1 months on market
An Outstanding Opportunity To Own A Fully Tenanted Mixed-Use Property Along Toronto's Vibrant Queen East Corridor! Set On A 16.25 X 95 Ft Lot, This High-Income-Producing Property Offers Excellent Value With A High Visibility Street Level Commercial Storefront, A Spacious Two-Bedroom Residential Apartment Above And Two-Car Parking At The Rear. The Main Floor Features Approximately 706 Sq. Ft. Of Commercial Space, Currently Occupied By An Established Retail Tenant, Plus A Full Lower Level Providing Valuable Additional Storage And Utility Space. The Approximately 824 Sq. Ft. Upper-Level Apartment Features Two Bedrooms, A Separate Living Room, Kitchen And Full Bathroom. Both Commercial And Residential Tenancies Are Already In Place, Providing Immediate Income From Day One. Ideally Positioned On A Lively Stretch Of Queen Street East Where Leslieville Meets The Beaches, Surrounded By An Eclectic Mix Of Independent Shops, Restaurants, Cafés And Neighbourhood Amenities. Directly Across From The New Queen & Ashbridge Condominiums, Bringing Hundreds Of New Residents To The Immediate Area, With Continued Development And New Shops Adding To The Energy Of This Rapidly Evolving Stretch Of Queen East. Excellent Pedestrian And Vehicular Exposure, 24-Hour TTC Service At The Doorstep And Convenient Access To Downtown And Toronto's East-End Neighbourhoods. An Excellent Value And Compelling Opportunity To Acquire A Fully Tenanted, High-Income-Producing Mixed-Use Asset Along One Of Toronto's Most Established And Desirable Commercial Corridors.
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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 below most comparable listings — about 15% of comparable retail listings in Greenwood-Coxwell are asking less.
Based on 20 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 $1,275,000. 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.
What similar homes in this area actually sold for.
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$1,499,900
Greenwood-Coxwell · E01
Listing courtesy of KAY REAL ESTATE LTD.
$1,275,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,300,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,300,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,450,000
Greenwood-Coxwell · E01
Listing courtesy of Real Capital Group Inc.
$1,199,999
Greenwood-Coxwell · E01
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD