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294 Gerrard Street E in Toronto for sale

MLS #:
C13136412
Type:
Multiplex, 2-Storey
Approx. SQFT:
2000-2500
Basement:
Apartment
8+2 8+2
19.25 x 132 ft lot
PROPERTY HISTORY
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld Oct 25, 2009 $400,000
0000-00-00 $00000 Exp N/A N/A N/A

Listed by Royal Lepage Real Estate Services Ltd..

294 Gerrard Street E is a Multiplex, 2-Storey and is currently for Sale @ $2,999,900. Taxes in 2025 were $7,948.07.

More homes for sale under 3M in Toronto

Attention Investors! An exceptional opportunity to acquire a fully leased 6-unit multi-residential property offering a high-performing rate of return on investment. The 2-Storey on 294 Gerrard Street E has 8 bedrooms, 5 bathrooms, and is located on a 132 x 19.25 ft lot in the community of Moss Park . Investors will benefit from a 5.5% going in CAP rate along with a 9.48% leveraged cap rate with 30% down--one of the best performing and maintained 6-unit buildings in central Toronto. Spread over approximately 4456 sq. ft. of rentable living space (including the basement and rear coach house), this well-maintained asset features a desirable unit mix of four 2-bedroom apartments and two 3-bedroom apartments, appealing to a broad range of tenants in a high-demand rental market. Significant improvements have been completed throughout the property, including updated kitchens, mechanical systems, decks, and improvements to major building components. Strategically positioned at the prominent intersection of Parliament and Gerrard, the property benefits from excellent street exposure, strong connectivity, convenient access to transit, as well as nearby shops and amenities. The property also offers flexible commercial/residential zoning, presenting versatile future redevelopment or value-add potential. Ideal for investors seeking stable cash flow today with long-term upside in a vibrant and highly desirable area.

The address 294 Gerrard Street E was listed for sale (MLS# C13136412) on Friday, May 15, 2026.

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  • Date Listed: Friday, May 15, 2026
  • Listing Brokerage: Royal Lepage Real Estate Services Ltd. - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Real Estate Services Ltd. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 294 Gerrard Street E
  • City: Toronto

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  • Neighbourhood: Moss Park
  • Major Intersection: Parliament St & Gerrard St E
  • Full Address: 294 Gerrard Street E, Toronto, M5A 2G4, Canada, ON, Canada
  • Amenities:
  • Taxes: $7,948.07 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.