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2139 Gerrard St E

Toronto E02, ON M4E 2C1

2139 Gerrard St E, Toronto E02 — Listed at $1 Investment. MLS® E12842338.

Apts - 13 To 20 Units
Investment
$21,300Taxes/yr · 2026
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Description

16-unit rental apartment building in Toronto's Upper Beaches corridor. Excellent transit-connected location along Gerrard St E with excellent redevelopment and rental repositioning potential. Building is currently comprised of entirely bachelor units. Property requires significant renovation and capital improvement. Being sold strictly as-is, where-is with no representations or warranties. Buyer to assume all existing tenants. Ideal opportunity for developers, experienced investors, or those looking for a value-add multi-residential asset.

Property Details

Property TypeInvestment
CommunityEast End-Danforth
Lot Size582 sq ft
Lot Dimensions50 × 125 ft
Lot Size Area582 sqft (MPAC)
Dir/Cross StGerrard/Main
Garage TypeLane
Heating TypeGas Forced Air Open
A/CNo
Taxes (2026)$21,300
HSTIncluded In
Listed Date3/4/2026
Days on Market254 days
PossessionFlexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 13 To 20 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires11/3/2026

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Listing Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY

MLS® #E12842338

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Investment is located in the East End-Danforth community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →