1395 Gerrard Street E, Toronto, ON M4L 1Z3
- Property tax
- $24,891 / year
Live in one of the units or Live/Work in the same building or Rent all. Excellent investment opportunity with a cap rate of 5.5%! 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 3 vacant units (2x1BR, 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.
- MLS number
- E13214710
- Type
- Multiplex
- Status
- Active
- Bedrooms
- 22
- Bathrooms
- 16
- Postal code
- M4L 1Z3
- Photos
- 45
- Laundry
- Lower Level level
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Multiplex
- Style
- Other
- Class
- Residential Freehold
- Fronting on
- South
- Community
- Greenwood-Coxwell
- Municipality
- Toronto E01
- Cross street
- Gerrard St E & Greenwood
- Zoning
- CR 2.0 (c1.0; r2.0) SS2 (x1573)
Inside
- Bedrooms
- 22
- Bedrooms above grade
- 21
- Bathrooms
- 16
- Washrooms
- 1 on the basement floor · 1 on the main floor · 2 on the main floor
- Kitchens
- 20
- Rooms above grade
- 60
- Basement
- Finished
- Laundry
- Lower Level
- Size
- 5000 +
Building
- Construction
- Brick
- Roof
- Asphalt Rolled, Tar and Gravel
- Foundation
- Unknown
Parking
- Covered spaces
- 0
- Driveway spaces
- 7
- Total parking
- 7
- Features
- Other
Land
- Lot
- 50 × 120.16 feet
- Shape
- Rectangular
- Pool
- None
Heating, cooling and services
- Heating
- Other
- Heat source
- Gas
- Cooling
- Other
- Water
- Municipal
- Sewer
- Sewer
Features
- Interior
- None
Listing
- MLS number
- E13214710
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-05-27
- Expires
- 2026-12-31
- Taxes
- $24,891 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 4 times.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Equinox Holistic Alternative School Toronto DSB | Elementary | 162 m | / 10 83% met the standard |
| Kew Park Montessori Day School | Elementary | 192 m | Not reported |
| MITBRIDGE ACADEMY | Secondary | 596 m | Not reported |
| Duke of Connaught Junior and Senior Public School Toronto DSB | Elementary | 649 m | / 10 71% met the standard |
| Monarch Park Collegiate Institute Toronto DSB | Secondary | 841 m | / 10 79% met the standard · 2 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 566 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35203221 — the few blocks around this address, home to 566 people. It describes the area, not this property.
Percentages are of the 315 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 3 still in progress.
Proposal for a 12-storey mixed-use building comprised of 289 residential units and 1271 square metres of retail GFA.
City planning file →This application proposes to amend the Zoning By-law to permit a 12-storey residential building containing 282 residential units, 1271 square metres of GFA of retail on the ground floor, 51 vehicle parking spaces, and 322 bicycle parking spaces.
City planning file →Site Plan Application to construct a 7 storey (27.2 metres including mechanical penthouse) mixed-use building with 19 rental dwelling units and two commercial units.…
City planning file →To modify the mixed-used development approved by Site Specific Zoning By-laws 1227-2017 and 1228-2017 in order to construct a new six-storey affordable housing building with 33 dwelling units by - Relocating gas meter box from the rear north side to the west s…
An Official Plan Amendment application submitted by Toronto Community Housing to facilitate the severance of the Site in order to implement the City's Tenants First initiative.
City planning file →To construct a new four-storey apartment building with a height of 13.2 metres, 20 affordable rental units, a gross floor area of 1,173 square metres, and zero vehicular parking spaces.
City planning file →Zoning By-law Amendment application proposes partial demolition of the existing mixed-use building to construct a 7 storey (27.2 metres including mechanical penthouse) mixed-use building with 19 rental dwelling units and two commercial units.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.