1324 Gerrard Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Greenwood-Coxwell. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,500 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 18.22 x 120 ft lot size
- equipped with no central cooling and highly efficient radiant heating
Description
Prime second-floor commercial space available at 1324 Gerrard Street East in the heart of Toronto's vibrant East End. Offering approximately 525 square feet, this bright and efficient unit is ideal for a wide range of professional, service-based, and creative uses. Suitable for professional offices, studios, health & wellness practitioners, educational services, consulting, personal care, and others. The space features a functional layout with excellent natural light and prominent street exposure and a strong sense of community within the active Gerrard India BIA. Located within a dynamic mixed-use corridor surrounded by established retailers, residential neighborhoods, an eclectic mix of boutiques, art galleries, creative studios, and popular restaurants nearby. Benefit from excellent TTC access at your doorstep, strong pedestrian activity and year-round exposure through BIA-sponsored festivals and community events. An outstanding opportunity for businesses seeking an affordable and highly visible location in a thriving community.
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Pricing & Value Insights
Data-driven valuation for 1324 Gerrard Street E 1, Toronto E01, ON M4L 1Z1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,500 in Toronto, the legal minimum down payment is $75 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8 also applies, bringing the total estimated land transfer taxes to $15.
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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.