290 Gerrard Street E Toronto, Ontario M5A 2G4
$1,850,000
Incredible Mixed-Use Opportunity in Prime Downtown East Location! Welcome to 290 Gerrard St E – a versatile and well-maintained mixed-use building in the heart of Cabbagetown South. The main floor features a charming, fully operational café space with high visibility and steady foot traffic – perfect for owner-operators or investors. Upstairs, the spacious upper levels offer thoughtfully laid-out residential units with separate entrances, ideal for rental income or live-work flexibility. Kitchen and floors renovated within the last 3 years on 2nd level. This is a rare opportunity to own a character-rich property that blends commercial exposure with residential convenience. Access to 2nd floor via stairs at back of property. Surrounded by trendy shops, transit, and thriving community energy, this property is perfect for entrepreneurs, investors, or anyone seeking a dynamic Toronto asset. Zoned CR (commercial residential), allowing for various uses and future potential. Laneway suite development opportunity available. **Vacant possession option** (id:47351)
Property Details
| MLS® Number | 40761025 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Hospital, Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Exterior Finish | Brick, Stone |
| Heating Fuel | Electric |
| Stories Total | 3 |
| Size Interior | 2,541 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Airport, Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 19 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cr2(c1;r2*1911) |
https://www.realtor.ca/real-estate/28741925/290-gerrard-street-e-toronto
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August 16 2025 01:58:22
REALTORS® Association of Hamilton-Burlington
Revel Realty Inc.