1408 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 $3,000 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.
- 0 Bedrooms and 1 Bathroom
- Premium 19.97 x 120 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Bring your vision to this 1,000 SF main floor retail shell situated in the heart of the Little India Bazaar. This unit offers excellent value for those looking to renovate, featuring 20 feet of south-facing street exposure and a full basement for ample storage. The layout is highly functional with a rear entrance for easy loading and dual access to the basement from both inside the unit and the back of the building. One parking space is included, with the potential to negotiate a second. Surrounded by the steady weekend crowds of the Bazaar and the nearby residential hubs of Leslieville and the Upper Beaches, this space is a versatile canvas for a QSR, convenience store, or service-based business. Priced to reflect its current condition, this is a strategic entry point into a high-traffic neighbourhood with an eclectic and loyal customer base. Some photos have been virtually enhanced/digitally altered to show potential use.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1408 Gerrard Street E, Toronto E01, ON M4L 1Z4
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 $3,000 in Toronto, the legal minimum down payment is $150 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 $15 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15 also applies, bringing the total estimated land transfer taxes to $30.
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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.
