$2,599,999
1279-1281 Gerrard Street E, Toronto, ON M4L 1Y5
Greenwood-Coxwell · E01
Listing courtesy of Real Capital Group Inc.
Greenwood-Coxwell · E01 · M4L 1C7
$2,299,000
$429 / sq ft2 weeks on market
6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS WHERE IS. Vacant possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.
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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 65% 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 $2,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of PSR. 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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$2,599,999
Greenwood-Coxwell · E01
Listing courtesy of Real Capital Group Inc.
$2,599,999
Greenwood-Coxwell · E01
Listing courtesy of Real Capital Group Inc.
$2,550,000
Greenwood-Coxwell · E01
Listing courtesy of ROYAL LEPAGE ESTATE REALTY
$2,450,000
Greenwood-Coxwell · E01
Listing courtesy of RE/MAX REALTRON REALTY INC.