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261 GERRARD STREET E, Toronto, Ontario, M5A 2G1

MLS® # C8422740
Commercial For Sale In Cabbagetown South, Toronto, Ontario
$2,299,000
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
261 Gerrard Street E, Toronto, ON
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ACTIVE
261 GERRARD STREET E, Toronto, Ontario, M5A 2G1
$2,299,000

Property Information:

Excellent investment a short distance to Downtown, highways, and walkable neighbourhood. Beautiful historic yellow-brick Cabbagetown Victorian building, fully renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbours. Well-maintained open-concept commercial space on the main floor. Two huge 1-bedroom apartments on top two floors. Can be converted as desired. 2-3 Car parking and rear lane access. *Vacant possession on request*. *6.13% Stabilized Cap Rate.* **** EXTRAS **** Rentable, full-height, finished basement with separate entrance, washroom, and open-concept meeting area. This adds 1457 square feet to the rentable area. Current basement commercial tenant willing to stay. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Highway, Public Transit
  • Irregular: Yes
  • Lot Depth: 128.8 Feet
  • Lot Frontage: 19.7 Feet
  • Lot Size: Bldg=19.69 x 128.9 FT
  • Zoning: Multi-Use (2 Commercial / 2 residential)

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 261 GERRARD STREET E, Toronto, Ontario, M5A 2G1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 261 GERRARD STREET E , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 261 GERRARD STREET E , experiences 11 significant 2-day storms per year, with about 296.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 367.9mm of precipitation per year.

Precipitation Per Storm

Past
296.4mm
2050
367.9mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 261 GERRARD STREET E, Toronto, Ontario, M5A 2G1

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$125,562.32

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.05 %

High school certificate or equivalent

25.21 %

Apprenticeship trade certificate/diploma

2.61 %

College/non-university certificate

16.77 %

University certificate (below bachelor)

2.91 %

University Degree

39.46 %

Commuter

Travel To Work

By Car

27.43 %

By Public Transit

28.29 %

By Walking

29.16 %

By Bicycle

7.74 %

By Other Methods

7.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.33 %

Houses

11.67 %

Own Vs. Rent

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