MLS® listing
945 Gerrard Street E: store w apt/office for sale
$1,480,000
From the listing brokerage
Rare opportunity for investors, end-users or those seeking long-term value-add potential along Gerrard Street East. Mixed-use property situated in a vibrant commercial-residential corridor. Zoned CR - Commercial Residential. The property features four separate entrances, offering excellent flexibility for access, layout and future use. Enjoy a highly convenient location close to mall, restaurants, parks, everyday shopping and local amenities, with easy streetcar access and rear laneway access. Property is currently vacant and being sold in "as-is, where-is" condition. Buyer to conduct their own due diligence and verify zoning, licensing, permitted uses, building/fire code compliance, measurements and future intended use.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | 2-Storey |
| Basement | Finished, Finished with Walk-Out |
| Lot width | 18.42 |
| Lot depth | 110 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 2 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 3 |
| Rooms | 0 |
| Property tax | $6,621 |
| Tax year | 2025 |
| Interior features | None |
Listing courtesy of FIRST CLASS STARLINK REALTY. MLS® E13753746.
About this store w apt/office
945 Gerrard Street E is an 8 bedroom store w apt/office in TRREB's South Riverdale community in Toronto, listed for sale at $1,480,000. The listing shows 5 bathrooms and 1500-2000 square feet. The style is given as 2-storey. The lot is listed as 18.42 by 110 feet. The listing gives the basement as finished, finished with walk-out. It comes with 2 parking spaces according to the listing. The nearest main intersection given is Gerrard/Pape.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 945 Gerrard Street E
At the asking price of $1,480,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,480,000 |
|---|---|
| Ontario land transfer tax | $26,075 |
| Toronto municipal land transfer tax | $26,075 |
| Both taxes | $52,150 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $123,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $6,621 a year, about $552 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 18.42 by 110 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 3 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Riverdale
Two TRREB communities east of the Don River, with four Line 2 stations along the north edge and four streetcar routes running east and west. Semi-detached houses are the largest single group of sales.
Transit: Line 2 Bloor Danforth at Broadview, Chester, Pape and Donlands stations; 501 Queen, 504 King, 505 Dundas and 506 Carlton streetcars; 72 Pape bus
| Property type | Median | Sales and average |
|---|---|---|
| North Riverdale: all property types | $1,799,000 | 37 sales, average $1,864,965 |
| North Riverdale: semi-detached | About $1,780,000 | 26 sales, average about $1,829,000 |
| North Riverdale: detached | About $2,400,000 | 8 sales, average about $2,303,000 |
| South Riverdale: all property types | $1,257,500 | 122 sales, average $1,247,653 |
| South Riverdale: detached | About $1,805,000 | 17 sales, average about $1,856,000 |
| South Riverdale: semi-detached | About $1,464,000 | 40 sales, average about $1,441,000 |
| South Riverdale: freehold townhouse (TRREB att/row/townhouse) | About $1,297,000 | 23 sales, average about $1,404,000 |
| South Riverdale: condo townhouse | About $705,000 | 11 sales, average about $834,000 |
| South Riverdale: condo apartment | About $605,000 | 31 sales, average about $696,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Riverdale
Is Riverdale a good place to live?
On transit and housing choice it covers a lot of ground. There are four Line 2 stations and four streetcar routes and from April to June 2026 South Riverdale alone recorded sales in every property type from condo apartments near $605,000 to detached houses near $1,805,000 (TTC, TRREB).
What is the difference between North and South Riverdale?
TRREB reports them separately. From April to June 2026 North Riverdale had 37 sales at a median of $1,799,000, mostly semi-detached houses, while South Riverdale had 122 sales at a median of $1,257,500 across a wider mix that includes condos.
How much is a semi-detached house in Riverdale?
From April to June 2026 the semi-detached median was about $1,780,000 across 26 sales in North Riverdale and about $1,464,000 across 40 sales in South Riverdale (TRREB). These are chart readings, so treat them as approximate.
How many subway stops is Riverdale from Union station?
From Broadview station it is 3 stops west on Line 2 to Bloor-Yonge, then 6 stops south on Line 1 to Union, 9 stops in all (TTC map).
Is Riverdale a heritage conservation district?
Part of it is. The City of Toronto designated the Riverdale heritage conservation district in 2008 and says it contains some of the earliest properties on the east side of the Don River. Check whether a specific address falls inside it before planning exterior changes.
Are there condos in Riverdale?
Mostly in South Riverdale, which had 31 condo apartment sales and 11 condo townhouse sales from April to June 2026. North Riverdale recorded 1 condo apartment sale in the same period (TRREB).
Read the Riverdale neighbourhood guide · All Riverdale homes for sale
Similar homes for sale in Riverdale
$1,848,000
$1,180,000Questions about 945 Gerrard Street E
How much is land transfer tax on 945 Gerrard Street E?
At the asking price of $1,480,000 the Ontario tax is $26,075 and the Toronto tax is $26,075, $52,150 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 945 Gerrard Street E?
$123,000 at the asking price of $1,480,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 945 Gerrard Street E?
The listing shows $6,621 a year for 2025, about $552 a month.
How do I book a showing for 945 Gerrard Street E?
Use the form on this page or call us. Quote MLS® E13753746. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 945 Gerrard Street E still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.