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Investment Highlights

  • Prime urban location
  • Fully operational main-floor cafe
  • Close to public transit

Executive Summary

Located in the heart of Cabbagetown this mixed-use commercial/ residential property offers a great investment opportunity. This property offers a fully leased main floor commercial unit and an upper-level residential space with significant income potential. This location additionally offers high visibility and constant foot traffic close to public transport. This property presents both urban character and excellent opportunity for redevelopment in the future- blending commercial and cultural spaces seamlessly.

Property Facts

Price $1,235,789 USD
Price Per Unit $1,235,789 USD
Sale Type Investment
Cap Rate 3.72%
No. Units 1
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.06 AC
Building Size 2,579 SF
No. Stories 3
Year Built 1879
Parking Ratio 2.33/1,000 SF
Zoning CR 1.5 - CR (Commercial-Residential) with potential for laneway development

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
  • Listing ID: 37649214

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 290 E Gerrard St, Toronto, ON M5A 2G4

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