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$23,500,000
Available - For Sale
Listing ID: C12387033
66 Gerrard Street East presents an outstanding opportunity to acquire a well-maintained, three-storey brick-and-beam commercial building located at the prominent corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 square feet of leasable area on a 78 ft. x 101 ft. lot and is designated under CR zoning, permitting a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses.The building features strong corner exposure, functional floor layouts, and a stable tenant mix generating consistent rental income. Current occupants include medical and healthcare offices, professional service firms, two established restaurants, and an event venue with regular bookings.Ideally situated steps from Toronto Metropolitan University, major hospitals, public transit, and new residential and institutional developments, the property benefits from excellent visibility, high pedestrian and vehicular traffic, and a strong daytime population.This asset provides both steady income and long-term redevelopment potential in one of Toronto's most dynamic growth corridors, making it suitable for investors, developers, and owner-occupiers seeking a high-profile downtown location.
Price $23,500,000
Taxes: $122,689
Tax Type: Annual
Occupancy by: Tenant
Address: 66 Gerrard Stre East , Toronto, M5B 1G3, Toronto
Postal Code: M5B 1G3
Province/State: Toronto
Legal Description: LT 17 N/S GERARD ST PL 22A TORONTO; PT L
Directions/Cross Streets: Gerrard St E & Church
No. of Pieces Level
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Category: Retail
Building Percentage: T
Total Area: 20,956
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Yes
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RE/MAX ALL-STARS REALTY INC.

66 Gerrard Stre East , Toronto, M5B 1G3, Toronto


 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
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Lot Size: x 100.99(Feet)
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Tax: $122,689
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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