617 Gerrard Street E
617 Gerrard Street E
$1,250,000
$468/sq ft · 1 days on market
About This Listing
Prime Gerrard Street East mixed-use opportunity in South Riverdale. Attractive two-storey building featuring a large main-floor commercial space, a finished lower-level unit with a separate walk-down entrance, and a three-bedroom apartment above on a month-to-month tenancy. The main-floor and lower-level spaces will be delivered vacant on closing, providing flexibility for investors and an excellent opportunity for owner-users. Located in an established, revitalized east-end neighbourhood surrounded by restaurants, cafés, shops and local businesses, with convenient transit access and minutes to the DVP. Near the future Ontario Line Gerrard Station and proposed Gerrard-Carlaw transit-oriented community.
| Monthly Mortgage (P&I) | $5,446 |
| Property Tax (MLS) | $974 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,420 |
Down payment: $250,000 (20.0%) · Mortgage: $1,000,000
Property tax uses MLS annual tax of $11,692/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX ULTIMATE REALTY INC.
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Data last updated: August 23, 2026 at 10:26 a.m.