Welcome to Suite 1E at Gerrard Place, a rare single level loft residence in a boutique building designed by acclaimed architect Barton Myers. Every other suite in the building is two storey; this approx. 1,090 sq. ft. suite is the only one of its kind, with soaring 13' ceilings, 1.5 bathrooms and sun filled south exposure. The open concept living/dining area is anchored by brand new floor to ceiling windows with south facing views. The kitchen features granite countertops, a centre island, and stainless steel appliances. Refinished hardwood flooring and updated lighting throughout. The primary bedroom offers a 3 piece ensuite and a walk in closet. Steps to TMU, U of T, the Eaton Centre, transit, parks, and restaurants. Building amenities include a rooftop deck with BBQs and skyline views, a party/meeting room, and visitor parking. A rare opportunity in the heart of downtown Toronto.
1 bedroom, 1 bathroom, about 1,000 sq ft, works out to roughly $399 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 86 Gerrard St E #1E
Every detail from the listing, in one place.
Type
Condo
Style
Loft
Living space
1000-1199 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Loft
Property class
Condo Apartment
86 Gerrard St E #1E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Gerrard Street East? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 86 Gerrard St E #1E with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 86 Gerrard St E #1E day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $399K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4977.1%On average, homes sold at or above asking.
Active listings12,793Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 86 Gerrard St E — plus its sale and lease history.
86 Gerrard St E #1E is listed at $399,000 (MLS® C14033728). Summitly updates the price as soon as the MLS® record changes.
Is $399,000 a good price for 86 Gerrard St E #1E?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 86 Gerrard St E #1E changed?
No — 86 Gerrard St E #1E is still listed at its original asking price of $399,000.
How many bedrooms and bathrooms does 86 Gerrard St E #1E have?
86 Gerrard St E #1E has 1 bedroom and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 86 Gerrard St E #1E close to transit?
The nearest rapid-transit station is College Station (Line 1), about 400 m (about a 5-minute walk) in a straight line. TMU Station is about 480 m (about a 6-minute walk), and Wellesley Station is about 750 m (about a 9-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 86 Gerrard St E #1E?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), 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 86 Gerrard St E #1E compare with other homes in Toronto?
Its asking price of $399,000 is about 53% below the median sold price in Toronto over the last 90 days, $849,000, across 9,532 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 86 Gerrard St E #1E been sold before?
Yes — Summitly has 1 earlier MLS® listing of 86 Gerrard St E #1E on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 86 Gerrard St E #1E?
86 Gerrard St E #1E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 86 Gerrard St E #1E been on the market?
86 Gerrard St E #1E was listed today (October 14, 2026).
What is the price per square foot of 86 Gerrard St E #1E?
About $333 to $399 per square foot: the asking price of $399,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 86 Gerrard St E #1E have parking or a garage?
