243 Gerrard ST E, Toronto C08, ON M5A 2G1
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243 Gerrard ST E, Toronto C08, ON M5A 2G1
243 Gerrard ST E, Toronto C08, ON M5A 2G1
243 Gerrard ST E, Toronto C08, ON M5A 2G1
243 Gerrard ST E, Toronto C08, ON M5A 2G1
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Natalie Vancardo

Natalie Vancardo

+1(647) 248-8466
$ 998,000
Est. payment /mo
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Price Dropped by $197K

243 Gerrard ST E Toronto C08, ON M5A 2G1

3 Beds

3 Baths

UPDATED:

Key Details

Property Type Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto C08

Subdivision Moss Park

MLS Listing ID C13003638

Style 3-Storey

Bedrooms 3

Annual Tax Amount $6,824

Tax Year 2025

Property Sub-Type Att/Row/Townhouse

Property Description

Rare investment opportunity in the heart of Cabbagetown for the first time in 26 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors.**Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefitsfrom steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. Thesurrounding neighbourhood continues to experience solid reinvestment. The interior showcases beautiful period proportions with high ceilings, incredibly spacious principle rooms, skylights & glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access tothe backyard - ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th-century architecture with its fine-grain and classic brick facade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. This is an opportunity for investors, owner-operators, or buyers seeking a character-rich property with a long term upside.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Rooms

Family Room Yes

Basement Separate Entrance, Full, Development Potential

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, In-Law Capability, Storage Area Lockers, Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Right Of Way

Pool None

View City, Downtown

Roof Type Asphalt Shingle,Flat

Lot Frontage 17.23

Lot Depth 92.0

Total Parking Spaces 1

Building

Building Age 100+

Unit Features Fenced Yard,Park,Place Of Worship,Public Transit,Rec./Commun.Centre

Foundation Poured Concrete

Others

ParcelsYN No

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Natalie Vancardo

Natalie Vancardo

Broker

+1(647) 248-8466

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243 Gerrard ST E