For Sale

290 Gerrard Street, Toronto C08, Ontario M5A 2G4

$1,750,000

290 Gerrard Street, Toronto C08, Ontario M5A 2G4 is For Sale and has a listing price of 1,750,000. The property is located in the Cabbagetown South neighbourhood . It's been on the website for 13 Days.

  • MLS ID: C12373515
  • Office Name REVEL REALTY INC.
Property Description

Incredible Mixed-Use Opportunity in Prime Downtown East Location! Welcome to 290 Gerrard St E a versatile and well-maintained mixed-use building in the heart of Cabbagetown South. The main floor features a charming, fully operational café space with high visibility and steady foot traffic perfect for owner-operators or investors. Upstairs, the spacious upper levels offer thoughtfully laid-out residential units with separate entrances, ideal for rental income or live-work flexibility. Kitchen and floors renovated within the last 3 years on 2nd level. This is a rare opportunity to own a character-rich property that blends commercial exposure with residential convenience. Access to 2nd floor via stairs at back of property. Surrounded by trendy shops, transit, and thriving community energy, this property is perfect for entrepreneurs, investors, or anyone seeking a dynamic Toronto asset. Zoned CR (commercial residential), allowing for various uses and future potential. LANEWAY SUITE DEVELOPMENT opportunity available. **Vacant possession option**

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12373515
  • Price: $1,750,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132
  • Ref ID: C12373515
  • Dir / Cross St: Parliament
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
09/02/2025 C12373515 $1,750,000 For Sale - -
08/12/2025 C12338817 $1,850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cabbagetown South
  • $1,687,203 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.54 % Below
  • Sold (12mo) 18
  • Rented (12mo) 30

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 92 Transit Score
    Rider's Paradise
  • 99 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $17,262
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 02/09/2025 13:41:51
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