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    Toronto / Downtown / Church - Toronto

    1B - 86 Gerrard St E

    For SaleGerrard Place
    $488,000
    Studio + 1
    1 Bath
    0 Parking
    553 SQFT
    8 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $767/mth
    Taxes:
    $2,160 (2024)
    Cost Per Sqft:
    $882/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    West
    Possession Date:
    Immediately/TBA
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Electric
    Heating
    Other

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Windows Floor to Ceiling
    17.29 x 9.58ft
    Dining
    Hardwood Floor, Combined with Kitchen, Windows Floor to Ceiling
    16.8 x 5.91ft
    Bedroom
    Hardwood Floor, Granite Counter
    7.42 x 7.15ft

    About this Listing

    Experience unique loft living in the heart of downtown Toronto! This spacious 553 sq. ft. studio with den (ideal as a bedroom) features an open-concept layout enhanced by soaring 13' ceilings and floor-to-ceiling windows. Enjoy a large private terrace where BBQs are permitted perfect for entertaining. Stylish finishes include hardwood floors and granite countertops. Located directly across from Toronto Metropolitan University, and just steps from Yonge-Dundas Square, shopping, restaurants, and easy transit access, this is urban living at its finest!

    ExtrasAll Existing S/S Appliances: Fridge, Stove, Dishwasher, B/I Microwave. Stacked Front Loading Washer/Dryer, Kitchen Under Cabinet Lighting, Ductless Wall AC Unit.

    prompton real estate services corp.MLS® #C11938388

    Amenities

    BBQs Allowed
    Party Room
    Security System
    Rec Room
    Visitor Parking
    Indoor Parking

    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
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    16
    YEARS before being sold again

    Property Value

    -32%
    Decrease in property value within the past twelve months

    Price Ranking

    59th
    Highest price per SQFT out of 91 condos in the Church - Toronto area

    Sold Units

    4
    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 91 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    Gerrard Place has the
    ?
    highest ROI out of 91 condos in the Church - Toronto neighbourhood

    Rental Yield

    Gerrard Place yields the
    ?
    highest rent prices out of 91 condos in the Church - Toronto neighbourhood

    High Demand

    Gerrard Place is the
    ?
    most popular building out of 91 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 Data$478,000No Data$605,000 - $612,500No Data$830,000No Data
    Avg. Cost Per SqftNo Data$594No Data$449No Data$597No Data
    Avg. Wait for Unit AvailabilityNo Data1678 DaysNo Data198 Days2853 Days692 DaysNo Data
    Ratio of Units in Building4%8%5%58%7%18%4%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto