Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.39%! 20 Residential Units with a mix of 4 x Studios, 11 x 1 Bedroom, 5 x 2 Bedrooms units and a commercial store with lease ending end of 2026. Currently 2 vacant units (1x1BR, 1x2BR) allowing for possible renovations to attract a higher rent. Great mix for income stability and potential for value and rental appreciation - see attached for Property Proforma. Currently self managed (proforma shown with a property management company) with a cleaning/maintenance person. Mostly month to month tenancies. This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. Popular high demand area due to a high Walk score of 93, a Transit score for 73, and a Bike Score of 79. Allows easy access to run errands and daily living with great transit to the downtown core if needed. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs. See attached floor plans - not exactly as shown as some kitchens may have been altered. Major renovation and new addition done in 2012 with permits. See upgrades/updates on attached document.
21 bedrooms, 16 bathrooms, about 5,000 sq ft, works out to roughly $1,090 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.Ask Zara a follow-up
Inside 1395 Gerrard St E
Every detail from the listing, in one place.
Type
Multiplex
Style
Other
Living space
5000 + sq ftas stated on the listing
Parking
7 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
7
Interior
Basement
Finished
Lot & land
Lot size (sqft)
6006.26
Listing & possession
Property style
Other
Property class
Multiplex
1395 Gerrard St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13214710$5,450,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1395 Gerrard St E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$26,774
/mo
based on the purchase price of $5,450,000
$1,090,000 cash
$4,360,000 financed
$3,672,264 total interest
Principal54%$4,360,000
Interest46%$3,672,264
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 1395 Gerrard St E
Homes for sale in Toronto
Every active Toronto MLS® listing, updated all day.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4964.9%On average, homes sold at or above asking.
Active listings12,073Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 9,556 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1395 Gerrard St E is listed at $5,450,000 (MLS® E13214710). Summitly updates the price as soon as the MLS® record changes.
Is $5,450,000 a good price for 1395 Gerrard St E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1395 Gerrard St E changed?
No — 1395 Gerrard St E is still listed at its original asking price of $5,450,000.
How many bedrooms and bathrooms does 1395 Gerrard St E have?
1395 Gerrard St E has 21 bedrooms and 16 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Toronto.
Is 1395 Gerrard St E close to transit?
The nearest rapid-transit station is Greenwood Station (Line 2), about 1.3 km (about a 16-minute walk) in a straight line. Coxwell Station is about 1.4 km (about a 17-minute walk), and Donlands Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1395 Gerrard St E?
About $26,774 a month — principal and interest on $5,450,000 with 20% down ($1,090,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1395 Gerrard St E compare with other homes in Toronto?
Its asking price of $5,450,000 is about 541% above the median sold price in Toronto over the last 90 days, $850,000, across 9,556 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1395 Gerrard St E been sold before?
Summitly has no earlier MLS® sale or lease of 1395 Gerrard St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1395 Gerrard St E?
1395 Gerrard St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1395 Gerrard St E been on the market?
135 days — 1395 Gerrard St E was listed on May 27, 2026.
What is the price per square foot of 1395 Gerrard St E?
About $1,090 per square foot: the asking price of $5,450,000 over the 5,000 sq ft the listing gives.