MARLENE AUSPITZ (sales rep) &
SHANTOO PATEL (broker)

Royal LePage Real Estate Services Ltd.

Office 416-921-1112

Cell 647-522-7721

Email: shantoo@sympatico.ca

Downtown Properties

Forgot password Extend Verify Contact

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 an outstanding opportunity to acquire a well-maintained, three-storey brick-and-beam commercial building located at the prominent corner of Gerrard Street East and Church Street in downtown Toronto. The property offers approximately 21,000 square feet of leasable area on a 78 ft. x 101 ft. lot and is designated under CR zoning, permitting a wide range of commercial and mixed-use applications, including office, medical, retail, hospitality, and institutional uses.The building features strong corner exposure, functional floor layouts, and a stable tenant mix generating consistent rental income. Current occupants include medical and healthcare offices, professional service firms, two established restaurants, and an event venue with regular bookings.Ideally situated steps from Toronto Metropolitan University, major hospitals, public transit, and new residential and institutional developments, the property benefits from excellent visibility, high pedestrian and vehicular traffic, and a strong daytime population.This asset provides both steady income and long-term redevelopment potential in one of Toronto's most dynamic growth corridors, making it suitable for investors, developers, and owner-occupiers seeking a high-profile downtown location.
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 November 21, 2025 at 06:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.