$999,999Asking Price
2139 Gerrard Street E, Toronto E02, ON M4E 2C1
Upper Beach, Toronto
16-unit rental apartment building in Toronto's Upper Beaches corridor. Excellent transit-connected location along Gerrard St E with excellent redevelopment and rental repositioning potential. Building is currently comprised of entirely bachelor units. Property requires significant renovation and capital improvement. Being sold strictly as-is, where-is with no representations or warranties. Buyer to assume all existing tenants. Ideal opportunity for developers, experienced investors, or those looking for a value-add multi-residential asset.
16-unit rental apartment building in Toronto's Upper Beaches corridor. Excellent transit-connected location along Gerrard St E with excellent redevelopment and rental repositioning potential. Building is currently comprised of entirely bachelor units. Property requires significant renovation and capital improvement. Being sold strictly as-is, where-is with no representations or warranties. Buyer to assume all existing tenants. Ideal opportunity for developers, experienced investors, or those looking for a value-add multi-residential asset.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- Gerrard/Main
- 3000-3500 Approximate Sq Feet
- 100+ Years Approximate Age
- No Ensuite Laundry
- Forced Air Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $21,300 in 2026
- Possession: IMMEDIATE
Details
- Brick Exterior
- Fireplace
- 16 Kitchens
- MLS #E12842336
- KELLER WILLIAMS REFERRED URBAN REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 16 3-Piece Bathrooms | |||
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Who lives here?
Upper Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14 and adults aged 35 to 64.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
46%
of residents
are renters.
46% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
51%
of residents are
university grads.
51% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$127K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Government | 12% |
| Business | 11% |
| Management | 10% |
| Culture | 6% |
Immigrants
29%
of residents were
born outside of Canada.
29% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.0% from Bangladesh
All-time
Birthplace - Recent
1.3% from Bangladesh
Recent
Foreign Languages
Foreign Languages
| Bengali | 3% |
| French | 2% |
| Tagalog | 2% |
| Cantonese | 2% |
| Urdu | 2% |
Religions
Religions
| Christian | 54% |
| Muslim | 7% |
| Jewish | 3% |
| Buddhist | 1% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
12
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
