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Bsmt 137 Gerrard Street E

Moss Park Toronto M5A 2E3

$2,000

Residential Freehold beds: 2 baths: 1.0

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• Details
• Photos
• Map

Status:

For Lease

Prop. Type:

Residential Freehold

MLS® Num:

C12452641

Bedrooms:

2

Bathrooms:

1

• Photos (10)

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Located just steps from Toronto Metropolitan University, Allan Gardens, public transit, and the downtown core, this well-maintained property offers an unbeatable location. It's also close to George Brown College and the University of Toronto, making it highly attractive for both students and professionals. The property features self-contained two-bedroom units, each designed with functional layouts, modern finishes, individual ensuite laundry, and private outdoor space for added convenience and tenant appeal . Lower Level Unit: A spacious two-bedroom suite with 8-foot ceilings, natural light with large windows. You have your own kitchen, laundry, washroom and private entrance.

General Info:

Lease Term:

12 Months

Lease Agreement:

Yes

Property Portion Lease:

Basement

Payment Frequency:

Monthly

Property Type:

Residential Freehold

Property Sub Type:

Triplex

Home Style:

3-Storey

Approx. Age:

100+

Total Approx Floor Area:

1500-2000

Lot Depth:

96'29.3 m

Lot Frontage:

17'1"5.21 m

Direction Faces:

South

Bedrooms:

2

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

2

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Gas

Foundation:

Concrete Block

Roof:

Asphalt Shingle

Basement:

Apartment

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Available, Mutual

Parking Spaces:

1

Total Parking Spaces:

1.0

Family Room:

No

Possession Details:

IMMEDIATE

Pool:

None

Financial Info:

Payment Method:

Cheque

Security Deposit Required:

Yes

References Required:

Yes

Rental Application Required:

Yes

Credit Check:

Yes

Employment Letter:

Yes

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C08

Listing Sub-Area:

Moss Park

Property Features / Area Influences:

Hospital, Library, Park, Place Of Worship, Public Transit, School

Interior Features:

None

Security Features:

Carbon Monoxide Detectors, Smoke Detector

Exterior Finish:

Stucco (Plaster)

Private Entrance:

No

Buy option:

No

Room Information:

Floor

Type

Size

Other

Lower

Living Room

22'8"6.91 m × 10'4"3.15 m

Laminate

Lower

Kitchen

11'6"3.51 m × 6'8"2.03 m

Laminate, Double Sink

Lower

Bedroom

15'7"4.75 m × 9'2.74 m

Laminate, Large Window, Closet

Lower

Bedroom 2

15'9"4.80 m × 10'10"3.30 m

Laminate, Bay Window, Combined w/Laundry

Other Details:

UFFI:

No

Utilities Cable:

Available

Utilities Telephone:

Available

Utilities Gas:

Yes

Utilities Hydro:

Available

Utilities Water:

Yes

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Furnished:

Unfurnished

Sewers:

Sewer

Air Conditioning:

Wall Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Ensuite Laundry:

No

Laundry Access:

In Area

Laundry Level:

Lower Level

Listing Info:

Date Listed:

Oct 08, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX EXCEL REALTY LTD.

Data was last updated October 8, 2025 at 10:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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Why Choose an Affordable Home in Toronto

• Entry-level pricing in the heart of the GTA
• Located in emerging neighbourhoods with long-term growth
• Ideal for first-time buyers or investors
• Lower property taxes and maintenance costs
• Quick access to TTC, GO Transit, and essential amenities

Affordable Homes – What You’ll Find in Toronto

Toronto’s most affordable housing options may include resale condos, starter townhouses, and smaller detached or semi-detached homes featuring:

• 1 to 3 bedroom layouts with efficient floorplans
• Older homes with renovation potential
• Condo units in mid-rise or low-rise buildings with reasonable maintenance fees
• Proximity to transit, parks, schools, and shopping districts

Start Your Search for Affordable Homes in Toronto Today

Browse our updated listings of affordable homes in Toronto and let our experienced team help you book viewings, arrange financing, and navigate the market. We’re here to make your homeownership journey easier without breaking the bank.

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Each link provides updated listings and expert insights.

FAQs – Affordable Homes Toronto

1. What is considered an affordable home in Toronto?
Typically, homes under $700,000 are considered affordable by Toronto standards, though this can vary by property type and location.

2. Are there affordable detached homes in Toronto?
They are limited but possible—often in outer neighbourhoods or smaller footprints with renovation potential.

3. What areas in Toronto have affordable housing options?
Neighbourhoods like Scarborough, East York, Weston, and parts of North York often offer more affordable prices.

4. Can first-time buyers qualify for incentives on affordable homes?
Yes. Programs like the First-Time Home Buyer Incentive and Land Transfer Tax rebates can help reduce upfront costs.