For Sale

66 Gerrard Street, Toronto C08, Ontario M5B 1G3

$0

66 Gerrard Street, Toronto C08, Ontario M5B 1G3 is For Sale and has a listing price of 23,500,000. The property is located in the Toronto C08 . It's been on the website for 41 Days.

  • Investment
    Property Type
  • MLS ID: C12387032
  • Office Name RE/MAX ALL-STARS REALTY INC.
Property Description

66 Gerrard Street East presents a rare opportunity to acquire a prominent three-storey brick-and-beam commercial building at the high-visibility corner of Gerrard Street East and Church Street in downtown Toronto. Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, the property provides both stable income and strong redevelopment potential under CR zoning, which allows a wide range of commercial uses. The building features exceptional corner exposure, efficient layouts, and a diverse tenant mix including medical and healthcare offices, two established restaurants, professional service offices, and an event space with steady bookings. Located steps from Toronto Metropolitan University, major hospitals, and subway stations, the property benefits from high pedestrian traffic, strong daytime population, and proximity to major developments in one of Torontos fastest-growing corridors. This combination of character, income stability, and redevelopment upside makes it an outstanding opportunity for investors, developers, or owner-users seeking a strategic downtown asset.

Property Details
  • MLS ID: C12387032
  • Price: $23,500,000
  • Lot Depth: 100.99
  • Transaction Types: For Sale
  • Ref ID: C12387032
  • Year Built: N/A
  • Dir / Cross St: Gerrard St E & Church
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/07/2025 C12387032 $23,500,000 For Sale - -
09/07/2025 C12387033 $23,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C08
  • $830,438 Average List Price
    based on 1 year
  • 300 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 322.26 % Up
  • Sold (12mo) 357
  • Rented (12mo) 866

  • 1 Month Change -79.3%
  • 3 Month Change -35.6%
  • 6 Month Change +0.3%
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Y
  • Taxes: $122,689
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 07/09/2025 16:09:52
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