245 Gerrard Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Moss Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,500 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 1 Bathroom
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient baseboard heating
Description
Perfect Retail Space for Lease in the Heart of Moss Park/Cabbagetown with Excellent Signage on Gerrard. Formerly a Spa with 5 Treatment Rooms, Private Showers and Sinks in Each Room, Laundry & Reception, Bathroom & Office. Existing Spa Tables Chairs & Equipment can be Included in Lease. Steps Leading Downstairs right off Gerrard St. Signage Available on Gerrard on Wall on Steps Going to Unit. Tenant to pay own Hydro.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 245 Gerrard Street E B, Toronto C08, ON M5A 2G1
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 $3,500 in Toronto, the legal minimum down payment is $175 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 $18 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18 also applies, bringing the total estimated land transfer taxes to $35.
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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.
