For Lease · Retail

1014 GERRARD STREET E, Toronto (South Riverdale)

1014 GERRARD STREET E, Toronto (South Riverdale), ON M4M1Z3

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

98%

About this property

Prime retail leasing opportunity on Gerrard St E in the vibrant Gerrard & Jones corridor. Well-located commercial unit within a busy commercial plaza, offering strong street exposure and steady pedestrian traffic surrounded by a dynamic mix of established retailers, restaurants, and growing residential density. Approx. 850 sq. ft. main floor plus ~200 sq. ft. mezzanine, suitable for office, storage, or ancillary use. Functional and versatile layout accommodates a wide range of retail and service-oriented uses. Currently operating as a licensed cannabis retail store; new tenant may continue use subject to approval or adapt the space for other professional or retail uses. Net rent: $4,400/month + $700 TMI, plus HST and utilities. Parking available via a shared on-site lot for all plaza tenants, providing convenience for staff and customers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

125,735

Households

45,062

Median income

$64,500

Median age

35.5

Daytime population

174,815

5-yr growth

5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1014 GERRARD STREET E, Toronto (South Riverdale).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.