708 Gerrard St E is a 2-bathroom retail in Toronto, listed for $1,250,000.
1An Inspired Space For Business, Creativity And Opportunity.
2Of Character-Filled Work Space In Toronto's Vibrant East End.
3A Spacious Kitchen/Eating Area, Two Washrooms And Multiple Storage Areas Add Everyday Convenience, While The Bright Mezzanine Office (Just Over 400 Square Feet) Provides Additional Flexibility.
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2 Bath Commercial Property in Toronto
About 708 Gerrard Street East
An Inspired Space For Business, Creativity And Opportunity. Not Your Typical Commercial Property! Welcome To 708 Gerrard Street East, A Distinctive Standalone Commercial Building Offering Approximately 2,600 Sq. Ft. Of Character-Filled Work Space In Toronto's Vibrant East End. Behind Its Doors Lies An Inspiring Loft-Style Interior Where Soaring Exposed Ceilings, Industrial Architectural Details, Polished Concrete Floors And Oversized Windows Create An Impressive Sense Of Space And Natural Light. The Thoughtfully Designed Main Floor Features A Welcoming Reception Area, Dedicated Boardroom, Private Office And Expansive Open-Concept Workspace, Offering An Ideal Balance Of Collaborative And Private Working Environments. A Spacious Kitchen/Eating Area, Two Washrooms And Multiple Storage Areas Add Everyday Convenience, While The Bright Mezzanine Office (Just Over 400 Square Feet) Provides Additional Flexibility. Currently Configured As A Creative Professional Workspace, The Property's Adaptable Layout And CR4.0(c1.0;r4.0) Zoning Offer Possibilities For A Variety Of Commercial Uses. For Those With A Broader Vision And Subject To Zoning Verification, The Building May Also Present An Intriguing Opportunity To Explore A Combined Live/Work Configuration. Contact LA For More Details. Situated Along Gerrard Street East, Surrounded By Established Neighbourhood Businesses And A Thriving Residential Community, The Property Enjoys Excellent Connectivity With TTC Streetcar Service, Convenient Access To Downtown Toronto And The Don Valley Parkway, And The Added Benefit Of The Future Ontario Line Gerrard Station, Currently Under Construction At Gerrard And Carlaw. Offered With Vacant Possession, This Is An Exceptional Opportunity For Entrepreneurs, Creative Professionals Or Investors To Establish Their Vision In A Building With Distinctive Architectural Character And Versatility. A Space To Inspire. A Location To Connect. An Opportunity To Make Your Own.
Toronto retail priced at $1,250,000 — book a tour to see if it fits your search.
Inside 708 Gerrard St E
Every detail from the listing, in one place.
Type
Retail
Lot size
30.00 x 100.00 Feet3000 sq ft
Features & systems
Lot & land
Lot dimensions
30.00 x 100.00 Feet
Lot size (sqft)
3000
Listing & possession
Property class
Commercial Retail
708 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® E14131864$1,250,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 708 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.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 708 Gerrard St E. Typical times without traffic delays; transit times aren't available yet.
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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.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,447Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
708 Gerrard St E is listed at $1,250,000 (MLS® E14131864). Summitly updates the price as soon as the MLS® record changes.
Has the price of 708 Gerrard St E changed?
No — 708 Gerrard St E is still listed at its original asking price of $1,250,000.
How many bedrooms and bathrooms does 708 Gerrard St E have?
708 Gerrard St E has 2 bathrooms. It is a commercial property in Toronto.
Is 708 Gerrard St E close to transit?
The nearest rapid-transit station is Chester Station (Line 2), about 1.3 km (about a 17-minute walk) in a straight line. Broadview Station is about 1.4 km (about a 18-minute walk), and Pape 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 does 708 Gerrard St E compare with other homes in Toronto?
Its asking price of $1,250,000 is about 49% above the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 708 Gerrard St E been sold before?
Summitly has no earlier MLS® sale or lease of 708 Gerrard St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 708 Gerrard St E?
708 Gerrard St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 708 Gerrard St E been on the market?
1 day — 708 Gerrard St E was listed on October 29, 2026.
What is the lot size of 708 Gerrard St E?
The lot measures 30.00 × 100.00 Feet, as published in the listing.
What is the land transfer tax on 708 Gerrard St E?
About $42,950 at the asking price of $1,250,000: $21,475 Ontario land transfer tax plus $21,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 708 Gerrard St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 708 Gerrard St E?
The listing for 708 Gerrard St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
