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$1,400,000Asking Price

137 Gerrard Street, Toronto, ON M5A 2E3

Moss Park, Toronto

Triplex
4 + 2
Bedrooms
4
Baths
2
Parking
Days on Market

An excellent opportunity to acquire a fully legal triplex located just steps from Toronto Metropolitan University, Allan Gardens, transit, and the downtown core. Close to George Brown College and U of T. This well-maintained property offers three self-contained two-bedroom units, each with private outdoor space and individual ensuite laundry for added convenience and tenant appeal. All units are fully renovated, modern with functional layouts. The top floor unit is a one-and-a-half-storey suite featuring two bedrooms, two bathrooms, a wall-mounted air conditioning unit, and a walk-out to a private rooftop deck with expansive city views. The top floor apartment can easily be turned into a three or even four bedroom to maximize number of tenants if desired, and has been both in the past. The main floor unit includes two bedrooms and a flexible third room that can function as either a living room or an additional bedroom, along with direct walk-out access to the backyard. The lower level unit is a spacious two-bedroom suite with 8 foot ceilings, natural light and a new sub pump. Rear laneway access leads to two dedicated parking space (shed would need to be moved for both parking spaces to be used. Can still be kept on site for storage).The property sits on a 17.08 ft x 96 ft lot. Property falls outside the local heritage zone and is part of an assembly that has received interest from developers in the past. 137 Gerrard St E. is ideal for investors seeking a turn-key income property, owner-occupiers looking to offset their mortgage, or buyers interested in multi-generational living.

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An excellent opportunity to acquire a fully legal triplex located just steps from Toronto Metropolitan University, Allan Gardens, transit, and the downtown core. Close to George Brown College and U of T. This well-maintained property offers three self-contained two-bedroom units, each with private outdoor space and individual ensuite laundry for added convenience and tenant appeal. All units are fully renovated, modern with functional layouts. The top floor unit is a one-and-a-half-storey suite featuring two bedrooms, two bathrooms, a wall-mounted air conditioning unit, and a walk-out to a private rooftop deck with expansive city views. The top floor apartment can easily be turned into a three or even four bedroom to maximize number of tenants if desired, and has been both in the past. The main floor unit includes two bedrooms and a flexible third room that can function as either a living room or an additional bedroom, along with direct walk-out access to the backyard. The lower level unit is a spacious two-bedroom suite with 8 foot ceilings, natural light and a new sub pump. Rear laneway access leads to two dedicated parking space (shed would need to be moved for both parking spaces to be used. Can still be kept on site for storage).The property sits on a 17.08 ft x 96 ft lot. Property falls outside the local heritage zone and is part of an assembly that has received interest from developers in the past. 137 Gerrard St E. is ideal for investors seeking a turn-key income property, owner-occupiers looking to offset their mortgage, or buyers interested in multi-generational living.

Key Info

  • 2.5-Storey Triplex
  • 2 Parking
  • No Garage
  • Gerrard and Jarvis
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,423 in 2025

Details

  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #C12226217
  • RE/MAX HALLMARK REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 6.86' x 16.31' Laminate, Galley Kitchen
2 Kitchen Lower 6.69' x 11.52' Laminate, Double Sink
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

Who lives here?

Moss Park, Toronto is a central Toronto neighbourhood notable for its singles, renters, arts & culture professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

71% of residents are
single and loving it.

71% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

85% of residents
are renters.

85% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

42% of residents are
university grads.

42% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$62K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 18%
Government 8%
Business 8%
Management 7%
Culture 6%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Ethiopia was once home to 4.7% of immigrants.
Caribbean 3.3%
Philippines 2.6%
Somalia 2.5%
Bangladesh 2.0%

4.7% from Ethiopia
All-time

Birthplace - Recent

Ethiopia was once home to 1.2% of immigrants.
Syria 0.7%
Bangladesh 0.6%
Iran 0.6%
China 0.6%

1.2% from Ethiopia
Recent

Foreign Languages

Foreign Languages

French 4%
Spanish 3%
Arabic 2%
Bengali 2%
Somali 2%

Religions

Religions

Christian 51%
Muslim 10%
Hindu 3%
Buddhist 2%
Jewish 2%

Social Housing

Social Housing Buildings

22

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

9

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)