86 Gerrard Street, Toronto C08, ON

$499,000
MLS#:C10432938
2 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Bar Fridge, Carpet Free, Storage
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via electric

Looking for a spacious , bright, unique condo in the heart of Downtown Toronto? Look no further! This 2 bedroom, 2-STOREY unit checks all boxes. The open concept layout features hardwood flooring, floor to ceiling windows, in-suite laundry and ample storage. The updated kitchen boasts quartz countertops, large island with breakfast bar, stainless steel appliances, under cabinet lighting and tons of pantry storage. Upstairs you will find two spacious bedrooms, walk-in closet in primary bedroom and an updated bathroom with river rock shower tiling. Enjoy the unobstructed views of the stunning Toronto skyline from your large, private balcony, perfect for outdoor enjoyment. This boutique building offers exclusive community living, with just 56 units total. Opportunities like this do not come often! Steps to Toronto Metropolitan University, Yonge/Dundas Square & the Eaton Centre, TTC, restaurants, shops, hospitals and all the fabulous Toronto has to offer.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 3, 2024
Sold price information is available to members only
Listed Date11/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyToronto
Annual Tax$3,440

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Arts Centre, Hospital, Library, Park, School, Public Transit

Community Features

Location

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86 Gerrard Street, Toronto C08, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Church Yonge Corridor, Toronto C08.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 86 Gerrard Street E 12F, Toronto C08, ON M5B 2J1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$287
Utilities & Maint.$350
Total Monthly Cost$2,956

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C08.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.