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66 Gerrard Street E
Church-Yonge Corridor Toronto M5B 1G3

$23,500,000 /For Sale
Commercial

Main Photo: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387033
Photo 1: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387033
Photo 2: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387033
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12387033
66 Gerrard Street East presents a rare opportunity to acquire a prominent three-storey brick-and-beam commercial building at the high-visibility corner of Gerrard Street East and Church Street in downtown Toronto. Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, the property provides both stable income and strong redevelopment potential under CR zoning, which allows a wide range of commercial uses. The building features exceptional corner exposure, efficient layouts, and a diverse tenant mix including medical and healthcare offices, two established restaurants, professional service offices, and an event space with steady bookings. Located steps from Toronto Metropolitan University, major hospitals, and subway stations, the property benefits from high pedestrian traffic, strong daytime population, and proximity to major developments in one of Torontos fastest-growing corridors. This combination of character, income stability, and redevelopment upside makes it an outstanding opportunity for investors, developers, or owner-users seeking a strategic downtown asset.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
20956 sq. ft. Square Feet
Total Area:
20,956 sq. ft.
Retail Area:
6856 sq. ft. Sq Ft
Lot Depth:
100'11⅞"
Lot Frontage:
78'4"
Water supply:
Municipal
Zoning:
CR3(c2;r3)*2134)
Heating type:
Other
Garage:
None
Possession Details:
TBD
Lot Irregularities:
Irregular as per Geowarehouse
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$122,689 / 2024
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
No
Utilities:
Available
Energy Certification:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Category:
Retail
Date Listed:
Sep 07, 2025
Original Price:
Previous Price:
  • Photo 1: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387033
    Photo 1 of 2
  • Photo 2: 66 Gerrard Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12387033
    Photo 2 of 2
Listed by RE/MAX ALL-STARS REALTY INC.
Data was last updated October 22, 2025 at 11:15 PM (UTC)
Tanya Crepulja
Steven Fontes
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