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1659 GERRARD STREET E, Toronto (Woodbine Corridor)
2026-08-20
Quick Summary
- Location
- 1659 GERRARD STREET E, Toronto (Woodbine Corridor), Ontario M4L2A9
- Price
- $1,998,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2000 - 2500 sqft
- Bedrooms:
- 8
- Bathrooms:
- 8
- Garages:
- 5
MLS®#E13689622
Property Description
A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets, entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenance features that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full, offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools - a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straightforward opportunity to add a well-located, income-producing asset to your portfolio. (id:32467)
Property Features
Building
- Appliances: Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
- Basement Development: Partially finished
- Basement Features: Separate entrance
- Basement Type: N/A (Partially finished), N/A
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Carpet Free, In-Law Suite
Land
- Land Size: 25 x 110 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by RE/MAX REALTY SPECIALISTS INC.
Listing information last updated on: 2026-08-18 23:26:35
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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