1461-1463 Gerrard St. E.

1461-1463 Gerrard St. E. Toronto , Ontario M4L 1Z9

1461-1463 Gerrard St. E. - Mixed Use for sale/lease

  • Type: Mixed Use
  • Deal type: Sale / Lease
  • Space Available (ft2): 8,806
  • Price ($CAD): $2,600,000


A corner asset with excellent high street exposure, the subject property provides an exceptional opportunity for a retail investor, developer  or owner-user to acquire a mixed use property with 48 feet of frontage in the heart of Toronto’s Indian Bazaar Neighborhood. The site located just east of the gentrifying Gerrard and Coxwell intersection benefits from close access to the Gerrard East streetcars, connecting the property to both the Yonge and the Bloor subway lines.

For interested tenants this strip offers a great location to service the changing residential base in the surrounding area.  With spacious floor on two levels and a grand staircase connecting the two, the space would make a quaint restaurant with ample seating room or an excellent furniture or home decorating showroom.


Amenities



Key Highlights 

  • Convenient access to the Gerrard East street cars,  located directly east of the gentrifying Gerrard and Coxwell intersection
  • Corner property with 48 feet of frontage
  • Significant value-add opportunity through repositioning of the asset into improved retail, office, or multi-residential
  • Two (2) parking spaces available at rear

Property and Leasing Details

Frontage: 48 ft

Depth: 100 ft

Lot Area: 4,822 sf

Zoning: CR 2.0 (c1.0; r2.0)

Official Plan: Mixed Use Area

Building Area: 8,806 sf (above grade)

Retail Area: 4,403 sf

2nd Floor Area: 4,403 sf

Basement Area: 4,403 sf

Parking: 2 spaces

First Level Retail Rent:  $30.00 PSF

Second Level: $15.00 PSF

Additional Rent:  TBC

Occupancy:  60 days




Documents and Resources