<-- style PDP --> 1048 GERRARD Street, Toronto - Store W/Apt/Office for sale for $1,300,000
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    Home Toronto South Riverdale 1048 GERRARD Street E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    Store W/Apt/Office sold at 1048 GERRARD Street, Toronto, Ontario, M4M 1Z8 - South Riverdale - MLS: E12772442
    • terminated

    1048 GERRARD Street

    Toronto, Ontario, M4M 1Z8 - South Riverdale

    $1,300,000

    • Neighbourhood

      South Riverdale

    • Major Intersection

      Gerrard St E & Jones Ave

    • Listed Since: 84 day(s)

    • Last update: 83 day(s) ago

    Overview

    • Property Type

      Store W/Apt/Office, Store With Apt/Office

    • Bedrooms

      n/a

    • Bathrooms

      n/a

    • Basement

      Y

    • Kitchen

      n/a

    • Total Parking

      n/a

    • Lot Size

      6.06x33.56 (Metres)

    • Taxes

      $9,769.09 (2025)

    • Type

      Commercial

    Property Description

    Property description for 1048 GERRARD Street, Toronto

    Incredible opportunity to own this turnkey investment in South Riverdale. Building sale includes ownership of coin laundry business; in operation for 40+ years with solid customer base. Main floor offers a legal rear addition containing a kitchenette and additional basement storage with private washroom. The second floor provides a 2 bedroom, 1 bathroom apartment; separately metered with 2 entrances and private rear deck. Potential to rent unit for $2500/month. 3 parking spaces also included with access through rear laneway. The unit has building has the potential to generate up to 6 figures in annual passive income and would be a great addition to any real estate portfolio. End users have the unique opportunity to reside in the unit above while the business below generates the income to pay their mortgage. Business currently has a site manager who is willing to stay and continue to maintain business Business currently has a site manager who is willing to stay and continue to maintain business

    Listed by CENTURY 21 LEADING EDGE REALTY INC.

    Property details
    Map

    • MLS #

      E12772442

    • Sq. Ft

      1789

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      Outside/Surface

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Gas Forced Air Closd

    • A/C

      N

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • MLS #

      E12772442

    • Sq. Ft

      1789

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      Outside/Surface

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Gas Forced Air Closd

    • A/C

      N

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

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    estimate your home value

    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Property History

    Property history for 1048 GERRARD Street, Toronto

    This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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    Mortgage Calculator

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    Closing Cost Calculator

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    Total Cash flow for purchasing this property

    Down Payment(%)*
    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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