1659 Gerrard Street E, Toronto, ON M4L 2A9
Woodbine Corridor, Toronto · Near Gerrard St E and Coxwell · View map
About this home
A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets, entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenance features that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full, offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools - a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straightforward opportunity to add a well-located, income-producing asset to your portfolio.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 8
- Bathrooms
- 8
- Kitchens
- 8
- Rooms
- 13
- Basement
- Partially Finished, Separate Entrance
- Lot size
- 25 x 110 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Fireplace
- No
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $6,794/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Gerrard St E and Coxwell
- Neighbourhood
- Woodbine Corridor
More
- Price per sq ft
- ~$888 (at 2,250 sq ft)
- MLS® number
- E13689622
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The home and its surroundings
- Water Heater Owned
- Water Meter
- In-Law Suite
- Floor Drain
- Carpet Free
- Accessory Apartment
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1659 Gerrard Street, Toronto, ON M4L 2A9
Woodbine Corridor, Toronto · Near Gerrard St E and Coxwell
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Listing history for 1659 Gerrard Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1659 Gerrard Street E
Answers come straight from this home’s MLS® listing.
How much is 1659 Gerrard Street E listed for, and what would it cost each month?
1659 Gerrard Street E is listed for $1,998,000. With 20% down ($399,600), the mortgage payment would be roughly $8,059 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,626 a month, all in. That figure is an illustration, not a quote.
Is 1659 Gerrard Street E freehold or a condo, and is there a monthly fee?
1659 Gerrard Street E is a 2-storey detached home in Woodbine Corridor, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1659 Gerrard Street E have?
1659 Gerrard Street E has 8 bedrooms and 8 bathrooms.
Does 1659 Gerrard Street E have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 1659 Gerrard Street E have a finished basement?
The listing describes the basement as partially finished, separate entrance. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1659 Gerrard Street E?
1659 Gerrard Street E is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 1659 Gerrard Street E, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 110 ft.
How is 1659 Gerrard Street E heated and cooled?
Heating is water (gas). The listing does not show air conditioning.
What are the property taxes for 1659 Gerrard Street E?
Property taxes are $6,794 a year (2026), or about $566 a month.
Where is 1659 Gerrard Street E?
1659 Gerrard Street E is in the Woodbine Corridor community of Toronto. The nearest main intersection is Gerrard St E and Coxwell. The postal code is M4L 2A9.
Is 1659 Gerrard Street E still for sale?
Yes. It is an active listing (MLS® E13689622). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 1659 Gerrard Street E asking?
Similar detached homes for sale nearby right now include MAIN AND LANEWAY - 11 Merrill Avenue W at $1,999,000 (3+4 bed), 190 Major Street at $1,590,000 (6+2 bed) and 37 Almore Avenue at $1,688,000 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1659 Gerrard Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1659 Gerrard Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Woodbine Corridor, picked by style, size and price.
2-storey detached home$1,999,000MAIN AND LANEWAY - 11 Merrill Avenue W, Toronto3+4 bed · 5 bath · Woodbine CorridorCourtesy of: RIGHT AT HOME REALTYView home →
2-storey detached home$1,590,000190 Major Street, Toronto6+2 bed · 3 bath · UniversityCourtesy of: FIRST CLASS REALTY INC.View home →
2-storey detached home$1,688,00037 Almore Avenue, Toronto5+2 bed · 6 bath · Clanton ParkCourtesy of: FORESTWOOD REAL ESTATE INC.View home →Courtesy of: RE/MAX REALTY SPECIALISTS INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.