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$1,499,000Asking Price

612 Gerrard Street, Toronto, ON M4M 1Y3

Riverdale, Toronto

Other
2 + 2
Bedrooms
3
Baths
2
Parking
Days on Market

Amazing opportunity for investors or professionals who are seeking to live, work and invest in a great location that brings many options on the table. This mixed-use property offers a ground-level commercial unit and 2 residential apartments on the second floor. Well-maintained open-concept commercial space on the main floor. Two huge 2-bedroom apartments on top two floors. 2 Car parking and rear lane access. Each unit can be rented up to $2500. 3 Separate electrical panels, and 2.5 washrooms. Excellent investment, a short distance to Downtown. Steps to all amenities and 24 Hour Street Car, Schools, Chinatown, Gerrard Square, Boutique Shops & Restaurants, Parks, Rec/Community Centres, Highways.

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Amazing opportunity for investors or professionals who are seeking to live, work and invest in a great location that brings many options on the table. This mixed-use property offers a ground-level commercial unit and 2 residential apartments on the second floor. Well-maintained open-concept commercial space on the main floor. Two huge 2-bedroom apartments on top two floors. 2 Car parking and rear lane access. Each unit can be rented up to $2500. 3 Separate electrical panels, and 2.5 washrooms. Excellent investment, a short distance to Downtown. Steps to all amenities and 24 Hour Street Car, Schools, Chinatown, Gerrard Square, Boutique Shops & Restaurants, Parks, Rec/Community Centres, Highways.

Key Info

  • 3-Storey Other
  • 2 Parking
  • No Garage
  • BROADVIEW/GERRARD
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $11,247 in 2024
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #E12075457
  • CENTURY 21 HERITAGE GROUP LTD.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

Riverdale, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

46% of residents are
single and loving it.

46% singles

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

Renters

44% of residents
are renters.

44% renters

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

Education

64% of residents are
university grads.

64% university grads

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

Income

Average Household Income

$177K

is the average household
income in the neighbourhood.

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

Professions

Professions

Government 15%
Sales 12%
Business 12%
Management 11%
Culture 9%

Immigrants

26% of residents were
born outside of Canada.

26% immigrants

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

Birthplace - All

China was once home to 4.4% of immigrants.
UK 2.7%
USA 2.6%
Greece 1.4%
Caribbean 1.2%

4.4% from China
All-time

Birthplace - Recent

USA was once home to 0.3% of immigrants.
UK 0.2%
China 0.2%
Australia 0.2%
Jamaica 0.1%

0.3% from USA
Recent

Foreign Languages

Foreign Languages

Cantonese 5%
Greek 3%
French 2%
Mandarin 2%
Spanish 1%

Religions

Religions

Christian 45%
Jewish 3%
Buddhist 3%
Hindu 1%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)