688 Gerrard Street, Toronto, ON M4M 1Y3
North Riverdale, Toronto · Near Broadview/Gerrard E · View map
About this home
Exceptional opportunity to own a newly renovated mixed-use property in a high-demand corridor. Located in a vibrant, high-traffic area with excellent visibility and accessibility, this property benefits from steady foot traffic and strong neighborhood growth. The property offers the perfect blend of commercial and residential space, the main floor commercial unit has been recently renovated and leased. The 2nd Floor has 2 units with separate bedroom/kitchen/bathroom; The stable, reliable tenants, providing consistent income and strong investment fundamentals. Cross street School, very stable customers' source, close to High Way and transportation. Basement with 2 washrooms and walk-in freezer. 2 water tanks separate for each floor.
The home
- Type
- Commercial retail
- Square footage
- 2000 sq ft
- Bathrooms
- 5
- Lot size
- 15 x 100 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $9,176/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Broadview/Gerrard E
- Neighbourhood
- North Riverdale
More
- MLS® number
- E12890690
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
688 Gerrard Street, Toronto, ON M4M 1Y3
North Riverdale, Toronto · Near Broadview/Gerrard E
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Listing history for 688 Gerrard Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 688 Gerrard Street
Answers come straight from this home’s MLS® listing.
How much is 688 Gerrard Street listed for, and what would it cost each month?
688 Gerrard Street is listed for $1,200,000. With 20% down ($240,000), the mortgage payment would be roughly $4,840 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,605 a month, all in. That figure is an illustration, not a quote.
Is 688 Gerrard Street freehold or a condo, and is there a monthly fee?
688 Gerrard Street is a commercial retail in North Riverdale, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 688 Gerrard Street have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 688 Gerrard Street?
688 Gerrard Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 688 Gerrard Street, and what is the lot size?
The lot is listed as 15 x 100 ft.
How is 688 Gerrard Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 688 Gerrard Street?
Property taxes are $9,176 a year (2025), or about $765 a month.
Where is 688 Gerrard Street?
688 Gerrard Street is in the North Riverdale community of Toronto. The nearest main intersection is Broadview/Gerrard E. The postal code is M4M 1Y3.
Is 688 Gerrard Street still for sale?
Yes. It is an active listing (MLS® E12890690). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 688 Gerrard Street asking?
Similar properties for sale nearby right now include 1399 Gerrard Street E at $1,199,999, 617 Gerrard Street E at $1,199,000 and 708 Gerrard Street E at $1,250,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 688 Gerrard Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 688 Gerrard Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near North Riverdale, picked by style, size and price.
Commercial retail$1,199,9991399 Gerrard Street E, TorontoGreenwood-CoxwellCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Store w apt / office$1,199,000617 Gerrard Street E, TorontoSouth RiverdaleCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →
Commercial retail$1,250,000708 Gerrard Street E, Toronto2 bath · North RiverdaleCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →Courtesy of: NU STREAM REALTY (TORONTO) INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.