243 Gerrard Street

Moss Park, Toronto, M5A 2G1
FOR SALE
$998,000
243 Gerrard Street, Toronto
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
243 Gerrard Street
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2 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 2
ROOMS
C12803800
MLSID
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Property Description
Rare investment opportunity in the heart of Cabbagetown for the first time in 20 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors. **Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefits from steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. The surrounding neighbourhood continues to experience solid reinvestment. The interior showcases beautiful period proportions with high ceilings, incredibly spacious principle rooms, skylights & glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south-facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access to the backyard - ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th-century architecture with its fine-grain and classic brick façade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. This is an opportunity for investors, owner-operators, or buyers seeking a character-rich property with a long-term upside.
Sold History
List Date Sold Date Days Listed List Price Sold Price
2000-07-25 2000-09-18 55 $353,000 $339,000
1999-07-13 1999-07-23 10 $154,000 $150,000
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Accessory Apartment, In-Law Capability, Storage Area Lockers, Water Heater, Right Of Way
Property Details
Address
243 Gerrard Street
Community
Postal Code
M5A 2G1
Property Type
Att/Row/Townhouse, Att/Row/Townhouse
Lot Size
17' x 92'
Taxes
$6,824 (2025
Basement
Separate Entrance, Full, Development Potential
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
Listing contracted with Sotheby's International Realty Canada
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