Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

Forgot password Extend Verify Contact

1485 Gerrard Street E
Greenwood-Coxwell Toronto M4L 2A4

$1,490,000 /For Sale
Commercial

Main Photo: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 1: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 2: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 3: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 4: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 5: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 6: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 7: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 8: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 9: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 10: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 11: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 12: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 13: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 14: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 15: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 16: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 17: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 18: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 19: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 20: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 21: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 22: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 23: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 24: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 25: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 26: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 27: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 28: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 29: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 30: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 31: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 32: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 33: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Photo 34: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13758288
1485 Gerrard Street East offers an exceptional mixed-use income property with built-in stability and significant future upside. Located in the vibrant Gerrard India Bazaar and Greenwood-Coxwell corridor, this property features a strong commercial anchor, two expansive multi-level residential apartments, and dedicated rear parking. Crucially, with the adjacent property also available for sale, this site unlocks a rare land assembly opportunity for developers or a forward-thinking investor to assemble a wider, more versatile footprint on a major Toronto arterial road. A combined footprint opens the door to future mid-rise development, comprehensive commercial expansion, or a larger multi-residential build in a city actively pushing for density along established streetcar and transit routes.Currently tenanted by a stable, reliable business, providing predictable, long-term commercial income with an established footprint in the neighbourhood. Unlike standard compact city apartments, the upper levels house two spacious, two-story residential units. Each apartment features a generous two-bedroom, one-bathroom layout, highly appealing to young professionals and families seeking space. The Greenwood-Coxwell and Gerrard East corridor is one of Toronto's most active pockets for urban renewal, community investment, and infrastructure upgrades. The area is positioned to benefit heavily from upcoming transit expansions, including the future Ontario Line which will feature a major transit hub slightly west at Gerrard and Carlaw. The City of Toronto is prioritizing the Gerrard Street East corridor for ongoing revitalization, bringing upgraded streetscapes, pedestrian improvements, and better active transit infrastructure directly to the area. Surrounded by the eclectic dining and retail of the Gerrard India Bazaar, with Leslieville just to the south and the Danforth to the north, the location attracts a steady stream of foot traffic and premium residential tenant demand.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2800 sq. ft. Square Feet
Total Area:
2,800 sq. ft.
Retail Area:
1000 sq. ft. Sq Ft
Office/Apt Area:
1800 sq. ft. Sq Ft
Lot Depth:
100'
Lot Frontage:
16'4"
Water supply:
Municipal
Zoning:
CR2(c1;r2*1573)
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
2
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$9,704.13 / 2025
Assessment:
$- / 2025
Toronto
Toronto E01
Greenwood-Coxwell
No
check w/ Listing agent.
All tenant equipment and chattels.
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Franchise:
No
LLBO:
No
Date Listed:
Sep 09, 2026
Original Price:
Previous Price:
  • Photo 1: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 1 of 34
  • Photo 2: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 2 of 34
  • Photo 3: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 3 of 34
  • Photo 4: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 4 of 34
  • Photo 5: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 5 of 34
  • Photo 6: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 6 of 34
  • Photo 7: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 7 of 34
  • Photo 8: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 8 of 34
  • Photo 9: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 9 of 34
  • Photo 10: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 10 of 34
  • Photo 11: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 11 of 34
  • Photo 12: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 12 of 34
  • Photo 13: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 13 of 34
  • Photo 14: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 14 of 34
  • Photo 15: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 15 of 34
  • Photo 16: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 16 of 34
  • Photo 17: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 17 of 34
  • Photo 18: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 18 of 34
  • Photo 19: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 19 of 34
  • Photo 20: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 20 of 34
  • Photo 21: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 21 of 34
  • Photo 22: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 22 of 34
  • Photo 23: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 23 of 34
  • Photo 24: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 24 of 34
  • Photo 25: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 25 of 34
  • Photo 26: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 26 of 34
  • Photo 27: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 27 of 34
  • Photo 28: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 28 of 34
  • Photo 29: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 29 of 34
  • Photo 30: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 30 of 34
  • Photo 31: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 31 of 34
  • Photo 32: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 32 of 34
  • Photo 33: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 33 of 34
  • Photo 34: 1485 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E13758288
    Photo 34 of 34
Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated September 9, 2026 at 12:15 PM (UTC)
DARYL  KING
powered by myRealPage.com

Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.