290 Gerrard Street E Toronto, ON M5A 2G4
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,541 sqft
Price per Sqft $728
MLS Listing ID 40758962
Abv Grd Liv Area 2,541
Annual Tax Amount $17,262
Property Sub-Type Mixed,Building Only
Source Hamilton - Burlington
Property Description
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**
Location
Province ON
County Toronto
Area Tc08 - Toronto Central
Zoning CR2(c1;r2*1911)
Direction Parliament and Gerrard
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 19.25
Lot Depth 132.0
Garage No
Building
Lot Description Airport, Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure
Faces Parliament and Gerrard
Story 3
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 210880248
Ownership Freehold/None
Virtual Tour https://show.tours/e/VCWrd4X