66 Gerrard Street E Toronto, Ontario M5B 1G3

$23,500,000

66 Gerrard Street East presents an outstanding opportunity to acquire a well-maintained, three-storey brick-and-beam commercial building located at the prominent corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 square feet of leasable area on a 78 ft. x 101 ft. lot and is designated under CR zoning, permitting a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses.The building features strong corner exposure, functional floor layouts, and a stable tenant mix generating consistent rental income. Current occupants include medical and healthcare offices, professional service firms, two established restaurants, and an event venue with regular bookings.Ideally situated steps from Toronto Metropolitan University, major hospitals, public transit, and new residential and institutional developments, the property benefits from excellent visibility, high pedestrian and vehicular traffic, and a strong daytime population.This asset provides both steady income and long-term redevelopment potential in one of Toronto's most dynamic growth corridors, making it suitable for investors, developers, and owner-occupiers seeking a high-profile downtown location. (id:60365)

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https://www.realtor.ca/real-estate/28826896/66-gerrard-street-e-toronto-church-yonge-corridor-church-yonge-corridor