1487 Gerrard Street East offers an exceptional mixed-use income property with built-in stability and significant future upside. Located in the vibrant Gerrard India Bazaar and Greenwood-Coxwell corridor, this property features a strong commercial anchor, two expansive multi-level residential apartments, and dedicated rear parking. Crucially, with the adjacent property also available for sale, this site unlocks a rare land assembly opportunity for developers or a forward-thinking investor to assemble a wider, more versatile footprint on a major Toronto arterial road. A combined footprint opens the door to future mid-rise development, comprehensive commercial expansion, or a larger multi-residential build in a city actively pushing for density along established streetcar and transit routes.Currently tenanted by a stable, reliable business, providing predictable, long-term commercial income with an established footprint in the neighbourhood. Unlike standard compact city apartments, the up
TypeStore W Apt/Office
Lot16.7 ft frontage
Size2,800 sqft
Taxes$10,006/yr
NeighbourhoodGreenwood-Coxwell
Stan BernardoLuxury Real Estate · GTA & MississaugaRoyal LePage Signature Realty Brokerage(905) 568-2121 · info@repg.ca
Scan for full details + every photo
MLS® E13758290
· Listing courtesy of RE/MAX HALLMARK REALTY LTD. · September 20, 2026
Toronto Regional Real Estate Board (TRREB) assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
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 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.