ON > Toronto C08 > Church-Yonge Corridor
Toronto C08, ON M5B 1G3,66 Gerrard ST E
Toronto C08, ON M5B 1G3,66 Gerrard ST E
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Gail Reeves Reid

Gail Reeves Reid

EXP Realty Brokerage

+1(416) 540-8681
$23,500,000
Est. payment /mo
20,956 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 20,956 sqft

Price per Sqft $1,121

Subdivision Church-Yonge Corridor

MLS Listing ID C12387032

Annual Tax Amount $122,689

Tax Year 2024

Property Sub-Type Investment

Lot Depth 100.99

Lot Front 78.33

Property Description

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.

Location

Province ON

County Toronto

Community Church-Yonge Corridor

Area Toronto

Zoning CR3(c2;r3)*2134)

Interior

Cooling Yes

Exterior

Community Features Public Transit, Subways

Utilities Available Available

Lot Frontage 78.33

Lot Depth 100.99

Others

ParcelsYN No

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Listed by RE/MAX ALL-STARS REALTY INC.

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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