839-841 Gerrard Street, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,399,000 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 0 Bathrooms
- Premium 40.01 x 104.82 ft lot size
- Convenient lane garage included
- equipped with partial central cooling and highly efficient gas forced air closed heating
Description
Rare opportunity on vibrant Gerrard Street East steps away from the new TTC station and across the street from Gerrard Square Mall! This versatile two-unit combined property offers excellent flexibility for investors, end-users, or those looking to live in one unit while generating rental income from the other. Featuring separate entrances and a functional layout, the property is well-suited for multi-generational living and income potential. With over 40 feet of frontage and 4 car parking in the back, you rarely get this size of stand alone building in this up and coming neighbourhood. Situated in a highly walkable, transit-friendly neighbourhood, shops, cafes, restaurants, parks, and all the conveniences of Gerrard East. Close to schools and minutes to downtown, making this an ideal long-term hold in a rapidly evolving area. Vacant possession will be provided. Building sold as-is, where is. A solid opportunity in a prime location with endless potential.
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Property Summary
This store w apt/office located at 839-841 Gerrard Street, Toronto is currently for sale and has been available on SousaSells for 21 days. This property is listed at $2,399,000 with an estimated mortgage of $7,985* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 839-841 Gerrard Street, Toronto is in the South Riverdale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 839-841 Gerrard Street E, Toronto E01, ON M4M 1Y8
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 $2,399,000 in Toronto, the legal minimum down payment is $479,800 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 $46,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $46,450 also applies, bringing the total estimated land transfer taxes to $92,900.
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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.