$3,500
1408 Gerrard Street E, Toronto E01, ON M4L 1Z4
Beds
1 Baths
Parking
Bring your vision to this 1,000 SF main floor retail shell situated in the heart of the Little India Bazaar. This unit offers excellent value for those looking to renovate, featuring 20 feet of south-facing street exposure and a full basement for ample storage. The layout is highly functional with a rear entrance for easy loading and dual access to the basement from both inside the unit and the back of the building. One parking space is included, with the potential to negotiate a second. Surrounded by the steady weekend crowds of the Bazaar and the nearby residential hubs of Leslieville and the Upper Beaches, this space is a versatile canvas for a QSR, convenience store, or service-based business. Priced to reflect its current condition, this is a strategic entry point into a high-traffic neighbourhood with an eclectic and loyal customer base. Some photos have been virtually enhanced/digitally altered to show potential use.

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Lease
Bathrooms 1
Possession TBA

Building

Building Type Commercial Retail
Portion for Lease Not specified by MLS
Square Footage 1000
Building Area Units Square Feet
Heating Gas Forced Air Closed
Cooling Yes

Measurements

Lot Size 19.97 x 120
Lot Size Units Feet
Frontage 19.97
Depth 120
Total Living Area 1000

Land

Address 1408 Gerrard Street E, Toronto E01, ON M4L 1Z4
City Toronto E01
Community Greenwood-Coxwell
County / Area Toronto
Cross Street Gerrard and Cowell
Parcel Number 210350075

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $3,500
Annual Taxes $0
Tax Year 2026
Status Active
Listing Date 2026-05-25T12:22:10Z
Updated 2026-05-25T12:22:10Z
MLS Number E13168392
Local Market Insight

What Buyers Should Know About 1408 Gerrard Street E, Toronto E01, ON M4L 1Z4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

1408 Gerrard Street E, Toronto E01, ON M4L 1Z4 is positioned in Greenwood-Coxwell, a part of Toronto E01 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Gerrard and Cowell, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $3,500, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, 1 bathrooms, basement details marked as to be confirmed, and a lot size of 19.97 x 120, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto E01, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Greenwood-Coxwell. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 1408 Gerrard Street E, Toronto E01, ON M4L 1Z4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.