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673 Gerrard Street E
South Riverdale Toronto M4M 1Y2

$1,318,000 /For Sale
Commercial

Main Photo: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 1: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 2: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 3: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 4: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 5: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 6: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 7: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 8: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 9: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 10: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Photo 11: 673 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E12347637
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12347637
PRICED TO SELL!! Premium -Commercial Corner!! - Two Storey Building. Approx. 1600 Sq.ft Total. Lot Size 66 x 16 Ft.- Located in a Rapidly Growing Area Surrounded by Trendy Restaurants, Leslieville, Riverdale, East-China Town Neighbourhoods, and The Future Ontario Line. This Mixed-Use Property Offers a Ground-Level Commercial Unit and a Residential Apartment on The Second Floor. Lower Level with Basement with 2-pce Washroom. Property Offers Terrific Potential. Suitable for End Users, Investors, or Builders to Realize Their Creative Vision and Investment Goals. Property is Sold 'as is" Condition City Permit Access for Marketing Retail Space Outside Corner Spaces for Retail Use. Space at Back of Building can be converted to Parking Spots. Great Investment Opportunity!! Easy Access to Schools Library, Shopping, Hwys, Shopping etc.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1552 sq. ft. Square Feet
Total Area:
1,552 sq. ft.
Retail Area:
776 sq. ft. Sq Ft
Office/Apt Area:
776 sq. ft. Sq Ft
Depth:
66'
Frontage:
16'
Lot Shape:
Rectangular
Lot Details:
16.00 x 66.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
CR2.5(c2;r2*2223)
Heating type:
None
Cooling:
No
Garage:
None
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,813.73 / 2024
Assessment:
$- / -
Toronto E01
South Riverdale
Toronto
Public Transit, Subways
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Franchise:
No
Date Listed:
Aug 15, 2025
Original Price:
Previous Price:
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Listed by RE/MAX ESCARPMENT REALTY INC.
Data was last updated August 24, 2025 at 09:15 PM (UTC)
DARYL  KING
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Toronto’s real estate landscape is home to diverse commercial properties in high-traffic and developing areas. These opportunities are ideal for investors, entrepreneurs, and developers seeking high-visibility, income-generating spaces.

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Navigating the Commercial Real Estate Market in Toronto

Buying a commercial building in Toronto involves important considerations such as zoning laws, financing options, and market trends. Our experienced team is here to guide you through every step, offering personalized advice on property inspections, negotiations, and investment strategies to ensure a smooth and rewarding transaction.

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FAQs – Commercial Building for Sale Toronto

1. What types of commercial buildings are available in Toronto?
You’ll find retail storefronts, office buildings, mixed-use developments, and industrial spaces throughout the GTA.

2. How much does a commercial building cost in Toronto?
Prices vary based on location and size, ranging from $1M to over $20M for premium properties.

3. Is financing available for commercial properties?
Yes. Commercial mortgages are offered by banks and lenders with typical down payments of 25–35%.

4. Do I need a special permit to run a business from a commercial building?
Zoning laws apply. You must check with the City of Toronto to ensure your business use aligns with the building’s permitted zoning.

5. Are commercial buildings in Toronto a good investment?
Yes. With Toronto’s population growth, strong economy, and high business demand, commercial real estate remains a stable long-term investment.