3 Months Ago

$1,499,000Asking Price

612 Gerrard Street, Toronto, ON M4M 1Y3

Riverdale, Toronto

Other
2 + 2
Bedrooms
3
Baths
2
Parking
Days on Market

Amazing opportunity for investors or professionals who are seeking to live, work and invest in a great location that brings many options on the table. This mixed-use property offers a ground-level commercial unit and 2 residential apartments on the second floor. Well-maintained open-concept commercial space on the main floor. Two huge 2-bedroom apartments on top two floors. 2 Car parking and rear lane access. Each unit can be rented up to $2500. 3 Separate electrical panels, and 2.5 washrooms. Excellent investment, a short distance to Downtown. Steps to all amenities and 24 Hour Street Car, Schools, Chinatown, Gerrard Square, Boutique Shops & Restaurants, Parks, Rec/Community Centres, Highways.

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Amazing opportunity for investors or professionals who are seeking to live, work and invest in a great location that brings many options on the table. This mixed-use property offers a ground-level commercial unit and 2 residential apartments on the second floor. Well-maintained open-concept commercial space on the main floor. Two huge 2-bedroom apartments on top two floors. 2 Car parking and rear lane access. Each unit can be rented up to $2500. 3 Separate electrical panels, and 2.5 washrooms. Excellent investment, a short distance to Downtown. Steps to all amenities and 24 Hour Street Car, Schools, Chinatown, Gerrard Square, Boutique Shops & Restaurants, Parks, Rec/Community Centres, Highways.

Key Info

  • 3-Storey Other
  • 2 Parking
  • No Garage
  • BROADVIEW/GERRARD
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $11,247 in 2024
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #E12075457
  • CENTURY 21 HERITAGE GROUP LTD.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

Riverdale, 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 9, adults aged 35 to 64 and seniors aged 65 to 69.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

Created with Highcharts 7.1.2Highcharts.com

46% of residents are
single and loving it.

46% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

44% of residents
are renters.

44% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

64% of residents are
university grads.

64% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$177K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Government 15%
Sales 12%
Business 12%
Management 11%
Culture 9%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

26% of residents were
born outside of Canada.

26% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

China was once home to 4.4% of immigrants.
UK 2.7%
USA 2.6%
Greece 1.4%
Caribbean 1.2%

4.4% from China
All-time

Birthplace - Recent

USA was once home to 0.3% of immigrants.
UK 0.2%
China 0.2%
Australia 0.2%
Jamaica 0.1%

0.3% from USA
Recent

Foreign Languages

Foreign Languages

Cantonese 5%
Greek 3%
French 2%
Mandarin 2%
Spanish 1%

Religions

Religions

Christian 45%
Jewish 3%
Buddhist 3%
Hindu 1%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)