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    Toronto / Downtown / Church - Toronto

    12F - 86 Gerrard St E

    For SaleGerrard Place
    $499,000
    2 Beds
    1 Bath
    1 Parking
    1,000 SQFT
    3 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,239/mth
    Taxes:
    $3,440 (2024)
    Cost Per Sqft:
    $499/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60/90/Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Window Unit
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Dining
    Built-in Fridge, Hardwood Floor, Combined with Living
    10.17 x 10.17ft
    Living
    Hardwood Floor, Windows Floor to Ceiling, South View
    11.48 x 17.06ft
    Kitchen
    Quartz Counter, Centre Island, Stainless Steel Appliances
    12.47 x 6.56ft

    About this Listing

    Looking for a spacious , bright, unique condo in the heart of Downtown Toronto? Look no further! This 2 bedroom, 2-STOREY unit checks all boxes. The open concept layout features hardwood flooring, floor to ceiling windows, in-suite laundry and ample storage. The updated kitchen boasts quartz countertops, large island with breakfast bar, stainless steel appliances, under cabinet lighting and tons of pantry storage. Upstairs you will find two spacious bedrooms, walk-in closet in primary bedroom and an updated bathroom with river rock shower tiling. Enjoy the unobstructed views of the stunning Toronto skyline from your large, private balcony, perfect for outdoor enjoyment. This boutique building offers exclusive community living, with just 56 units total. Opportunities like this do not come often! Steps to Toronto Metropolitan University, Yonge/Dundas Square & the Eaton Centre, TTC, restaurants, shops, hospitals and all the fabulous Toronto has to offer.

    ExtrasOwned parking spot, storage locker, rooftop terrace with BBQ and visitor parking. New windows coming in 2025 and hallway renovations in 2026.

    re/max realtron realty inc.MLS® #C10432938

    Amenities

    Party Room
    Security System
    Visitor Parking
    Rec Room
    Indoor Parking
    Rooftop Deck

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Gerrard Place vs The Church - Toronto Area

    Building Trends At Gerrard Place

    Days on Strata

    Units at Gerrard Place spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    13%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    16.1
    YEARS before being sold again

    Property Value

    -34%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Gerrard Place offers the
    ?
    best value out of 77 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    Gerrard Place has the
    ?
    highest ROI out of 77 condos in the Church - Toronto neighbourhood

    Rental Yield

    Gerrard Place yields the
    ?
    highest rent prices out of 77 condos in the Church - Toronto neighbourhood

    High Demand

    Gerrard Place is the
    ?
    most popular building out of 77 condos in the Church - Toronto neighbourhood

    Transaction Insights at 86 Gerrard Street E

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo DataNo DataNo Data$830,000No Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo Data$597No Data
    Avg. Wait for Unit AvailabilityNo Data1367 DaysNo Data180 DaysNo Data692 DaysNo Data
    Ratio of Units in Building4%8%5%62%2%20%2%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto