For Sale

66 Gerrard Street, Toronto C08, Ontario M5B 1G3

$23,500,000

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 89 Days.

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

For Sale – 66 Gerrard Street East, TorontoThree-Storey Commercial Building | Approx. 21,000 Sq. Ft. | Corner of Gerrard St E & Church StA well-maintained, three-storey brick-and-beam commercial building positioned at the southeast corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot. Zoned CR, the site supports a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses (subject to municipal permissions).Building HighlightsProminent corner location with strong visibility and signage potentialEfficient floor layouts across all three levelsStable tenant mix providing dependable incomeCurrent occupants include medical/healthcare offices, professional services, two restaurants, and an event venue with active operationWell-managed asset with consistent day-to-day performanceLocation AdvantagesSituated steps from Toronto Metropolitan University, major hospital institutions, public transit, and established residential and institutional nodes. The area benefits from high pedestrian and vehicle traffic, a strong daytime population, and convenient access to neighbourhood amenities.Investment SummaryAn opportunity to acquire a solid income-producing asset with long-term redevelopment potential in one of Toronto’s high-growth urban corridors. Well-suited for investors, developers, or owner-users seeking a centrally located downtown commercial property.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12387032
  • Price: $23,500,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100.99
  • Ref ID: C12387032
  • Dir / Cross St: Gerrard St E & Church
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
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
  • $864,198 Average List Price
    based on 1 year
  • 254 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 354.69 % Up
  • Sold (12mo) 332
  • Rented (12mo) 819

  • 1 Month Change -62.5%
  • 3 Month Change -79.5%
  • 6 Month Change -34.5%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 98 Transit Score
    Rider's Paradise
  • 97 Bike Score
    Biker's Paradise
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
Want to see this property?