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66 Gerrard Street E
Church-Yonge Corridor Toronto M5B 1G3

$23,500,000 /For Sale
Commercial

Main Photo: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387032
Photo 1: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387032
Photo 2: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387032
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12387032
66 Gerrard Street East Downtown TorontoProminent Corner Commercial Asset with Income & Redevelopment Potential. A rare opportunity to acquire a three-storey brick-and-beam commercial building at the corner of Gerrard Street East & Church Street, in the heart of downtown Toronto.Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, this property provides both immediate income stability and long-term redevelopment upside.Building FeaturesApprox. 21,000 sq. ft. across 3 levelsBrick-and-beam construction with functional layoutsProminent corner frontage offering strong signage visibilityCR zoning permitting a wide range of commercial usesRedevelopment potential for higher-density mixed-use (subject to municipal approvals)TenancySolid tenant base including:Medical & healthcare officesTwo established restaurants with long-standing clienteleEvent space with consistent bookingsProfessional service officesDiverse mix ensures reliable income streams and broad market appealLocation HighlightsSteps from Toronto Metropolitan University (TMU), major hospitals, and subway stations at College and DundasSituated in one of Torontos fastest-growing corridors, surrounded by new high-rise residential developmentsHigh pedestrian traffic, strong daytime population, and excellent transit connectivityProximity to education, healthcare, retail, and residential communities ensures tenant demand and long-term stabilityInvestment SummaryThis property combines the character and functionality of a brick-and-beam downtown building with the income security of established tenancies. Its prime corner location and CR zoning offer an attractive future redevelopment opportunity, making it a strong hold for investors, developers, or owner-users.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
20956 sq. ft. Square Feet
Total Area:
20,956 sq. ft.
Retail Area:
6856 sq. ft. Sq Ft
Office/Apt Area:
13730 sq. ft. Sq Ft
Lot Depth:
100'11⅞"
Lot Frontage:
78'4"
Water supply:
Municipal
Zoning:
CR3(c2;r3)*2134)
Heating type:
Other
Garage:
None
Possession Details:
TBD
Lot Irregularities:
irregular as per Geowarehouse
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$122,689 / 2024
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
Public Transit, Subways
Utilities:
Available
Energy Certification:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Sep 07, 2025
Original Price:
Previous Price:
  • Photo 1: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387032
    Photo 1 of 2
  • Photo 2: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387032
    Photo 2 of 2
Listed by RE/MAX ALL-STARS REALTY INC.
Data was last updated October 14, 2025 at 03:15 PM (UTC)
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