Incredible Mixed-Use Opportunity in Prime Downtown East Location!Welcome to 290 Gerrard St E a versatile and well-maintained mixed-use building in the heart of Cabbagetown South. The main floor features a charming, fully operational café space with high visibility and steady foot traffic perfect for owner-operators or investors. Upstairs, the spacious upper levels offer thoughtfully laid-out residential units with separate entrances, ideal for rental income or live-work flexibility. Kitchen and floors renovated within the last 3 years on 2nd level. This is a rare opportunity to own a character-rich property that blends commercial exposure with residential convenience. Access to 2nd floor via stairs at back of property. Surrounded by trendy shops, transit, and thriving community energy, this property is perfect for entrepreneurs, investors, or anyone seeking a dynamic Toronto asset. Zoned CR (commercial residential), allowing for various uses and future potential. Laneway suite development opportunity available. **Vacant possession option** |
Price | $1,850,000 |
Taxes: | $15476.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Owner+T |
Address: | 290 Gerrard Stre East , Toronto, M5A 2G4, Toronto |
Postal Code: | M5A 2G4 |
Province/State: | Toronto |
Legal Description: | LT D PL D292 TORONTO; CITY OF TORONTO |
Directions/Cross Streets: | Parliament |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Store With Apt/Office |
Building Percentage: | F |
Total Area: | 2579.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 1419 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Approximatly Age: | 100+ |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Electric Forced Air |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
REVEL REALTY INC. |
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Type: | Com - Store W Apt/Office |
Area: | Toronto |
Municipality: | Toronto C08 |
Neighbourhood: | Cabbagetown-South St. James Town |
Approximate Age: | 100+ |
Tax: | $15,476 |
Fireplace: | N |