For sale · Detached · 2-Storey
1659 Gerrard Street E.
Woodbine Corridor, Toronto, ON M4L 2A9
Buyer's market
House market in Woodbine Corridor. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 11 days. Market data
Sales-to-new-listings ratio, last 3 months: 34%
Months of supply: 3.4
What it means
- Buyer's market in Woodbine Corridor: houses take about 11 days to sell.
- About 3.4 months of houses for sale in Woodbine Corridor at the current pace of sales.
At a glance
About this home
A rare eight-unit, income-generating multiplex on a corner lot in the Woodbine Corridor. This detached, 2-storey brick building holds six apartments across the main and second floors, plus two one-bedroom units in the basement, each with good natural light. Extensive recent capital work includes updated windows, roof, driveway, flooring, plumbing, radiators, ceiling fans, LED pot-lights throughout, kitchen cabinets, entrance doors, siding, and gutters. The building offers three separate entrances - front, back, and side - for added tenant privacy and easy access. Parking includes 5 owned spots in the backyard with right of way to the neighbouring property, plus a possible 6th parking as tandem. Laundry is on-site (coin-operated), with owned hot water tank, a water meter, floor drain, and carpet-free units throughout - low-maintenance features that matter to hands-on investors. Inclusions cover 8 fridges, 7 stoves, the washer/dryer, and 7 exhaust fans. Current tenancy is full, offering a stable rent roll from day one. Zoned Rd 1.0, on a 25 x 110 ft corner lot, and steps to the Beach, transit, a hospital, parks, and schools - a location that supports both tenant demand and long-term value. Seller open to a VTB. No retrofit warranty provided by seller. A straightforward opportunity to add a well-located, income-producing asset to your portfolio.
Home details
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The homeproperty type, style, size, heating
- Property type
- Detached
- Style
- 2-Storey
- Size
- 2,000–2,500 sq ft
- Heating
- Water
- Cooling
- None
- Basement
- Partially Finished, Separate Entrance
- Lot size
- 25 × 110 feet
- Possession
- Tbd
Parking and storageparking, garage
- Parking
- 5
- Garage
- None
Fees and taxesproperty taxes, price per sq ft
- Property taxes
- $6,794 (2026)
- Price per sq ft
- $888
What is includedAppliances and fixtures
8 Fridges, 7 Stoves, Heavy duty coin operated washer and dryer, HWT owned, 7 exhaust fan, Boiler Rental.
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members31 similar detached houses sold in Woodbine Corridor in the last 12 months.
Sales activity nearby
Number of similar detached houses sold each quarter.
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Sale and listing history
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The area
Listing brokerage · MLS® E13689622Re/max Realty Specialists Inc.Data last updated Aug 19, 2026 7:02 pm.
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