1289 Gerrard St. E and 212 & 214 Greenwood Ave.

Asking: $3,495,000.00

1289 GERRARD STREET EAST

Corner property with main floor commercial and apartments above all with updated washrooms and kitchens and modern, chic finishes including bamboo floors and exposed brick walls. Separately metered with heat, hydro, hot water tanks and AC. Updated windows and roof. Recent Environmentals and Fire/Safety Reports completed. Separate laundry/storage room with coin operated machines. The main floor is currently vacant and was previously used as a licensed restaurant with prep kitchen and walk-in fridge in the basement.

1289 Gerrard Street East can be purchased separately for $1,895,000.

212 & 214 GREENWOOD AVENUE

2 semi-detached mixed use building with stylish façade, beautiful finishes included updated kitchens and baths and lots of natural light. Configured as 4 units with 2 x 1 bedroom upper apartments and 2 x 2 level units on the main and lower levels suitable for commercial, residential or live-work. The upper unit at 212 Greenwood and the main & lower unit at 214 Greenwood have been left vacant to allow a Buyer a wonderful live-work opportunity or an investor to set their own rents and uses.
212 & 214 Greenwood Ave. can be purchased separately for $1,485,000.

AREA SUMMARY

1289 Gerrard St. E is located on the South West Corner of Gerrard and Greenwood and 212 & 214 Greenwood Ave. is the adjacent building to the south. The properties are located in the Bricktowne area of Toronto just East of Leslieville in an area which has experienced substantial gentrification in recent years. The property is easy commuting distance to downtown by car, bike or public transportation with line 2 of the subway system along the Danforth and the 501 streetcar along Queen W both less than a kilometer away. The property is adjacent to Greenwood Park, one of the largest green spaces in the area. The park has recently gone through a major remodeling.

Size:

  • Lot:  16.67′ x 117.71 Irregular, Greenwood: 30′ x 65.5′, Gerrard E: 16.29′ x 80′
  • Building: 7,487, Gerrard:4,073, Greenwood: 3,414
  • Income and Expenses available upon request.

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