1E-86 Gerrard Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C14033728

$399,000
For Sale
Listed 5 days agoNo offer date stated
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1Bedrooms
2Bathrooms
0Parking
1000-1199Sq ft

About this home

In short

  • Welcome to Suite 1E at Gerrard Place, a rare single level loft residence in a boutique building designed by acclaimed architect Barton Myers.
  • 1,090 sq. ft. suite is the only one of its kind, with soaring 13' ceilings, 1.5 bathrooms and sun filled south exposure.
  • The open concept living/dining area is anchored by brand new floor to ceiling windows with south facing views.
  • Refinished hardwood flooring and updated lighting throughout.
  • The primary bedroom offers a 3 piece ensuite and a walk in closet.

Welcome to Suite 1E at Gerrard Place, a rare single level loft residence in a boutique building designed by acclaimed architect Barton Myers. Every other suite in the building is two storey; this approx. 1,090 sq. ft. suite is the only one of its kind, with soaring 13' ceilings, 1.5 bathrooms and sun filled south exposure. The open concept living/dining area is anchored by brand new floor to ceiling windows with south facing views. The kitchen features granite countertops, a centre island, and stainless steel appliances. Refinished hardwood flooring and updated lighting throughout. The primary bedroom offers a 3 piece ensuite and a walk in closet. Steps to TMU, U of T, the Eaton Centre, transit, parks, and restaurants. Building amenities include a rooftop deck with BBQs and skyline views, a party/meeting room, and visitor parking. A rare opportunity in the heart of downtown Toronto.

Key facts

Property type
Condo Apartment, Loft
MLS®
C14033728
Bedrooms
1
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Church St /Gerrard St E
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Concrete
Maintenance
$1,379/mo
Exposure
South
Property tax
$3,243 / 2025
Days on market
5
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomMain5.35 × 2.39 m

hardwood floor · open concept · combined w/living

Living RoomMain5.35 × 4.30 m

hardwood floor · combined w/dining · juliette balcony

Primary BedroomMain5.16 × 3.88 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

KitchenMain2.47 × 3.54 m

tile floor · renovated · b/i appliances

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Church-Yonge Corridor · asking prices
$549kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $634/sqft; this home lists at $363/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home499k419k480k699k649kThis home vs active comparables

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$765K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K
Waterfront Communities C1
$624K
Niagara
$631K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Native Learning Centre · Public secondary0.4 km
St Michael's Choir (Jr) School · Catholic elementary0.5 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.6 km · 98% at standard
Jarvis Collegiate Institute · Public secondary0.6 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.7 km
Winchester Junior and Senior Public School · Public elementary0.8 km · 76% at standard
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
St Joseph's College School · Catholic secondary1.0 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.1 km
Orde Street Public School · Public elementary1.2 km · 76% at standard
Rose Avenue Junior Public School · Public elementary1.2 km · 46% at standard
Sprucecourt Junior Public School · Public elementary1.2 km · 59% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,819/mo
$108KIncome needed
3.7×Price ÷ income
$420Weekly cost
$8,920Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

52%mortgage
Mortgage $1,819Property tax $270Condo fee $1,379Total carry $3,468

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$3,414Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$270
Condo / maintenance fees
$1,379
Heating
$0
Estimated monthly cost
$3,414

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
4.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

10.2%
Gross yield
− Property tax $3,243− Condo fees $16,549− Insurance $600− Vacancy & upkeep $4,488Net operating income $15,920

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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