Rare investment opportunity in the heart of Cabbagetown for the first time in 26 years! This 1875 historical 3-storey, residential/commercial mixed-use row building offers incredible flexibility in one of Toronto's most vibrant, evolving east-end corridors.**Zoning CR1.5(c1;r1*1906) Positioned along a well-traveled, highly visible strip between Sherbourne & Parliament, 243 Gerrard St E benefitsfrom steady pedestrian traffic, direct access to transit and and close proximity to Regent Park, Leslieville, and downtown Toronto. Thesurrounding neighbourhood continues to experience solid reinvestment. The interior showcases beautiful period proportions with high ceilings, incredibly spacious principle rooms, skylights & glass block allowing natural light to fill the space on the main floor, and a bedroom with access to the private backyard. Upstairs there is a sunfilled, 2-storey fully contained suite spanning the 2nd and 3rd floors with south facing decks.The lower level features a second kitchen, living area, 3 piece washroom, laundry and tons of storage space with direct access tothe backyard - ideal for a variety of live/work or income-generating configurations.The front exterior reflects the true charm of Cabbagetown's late-19th-century architecture with its fine-grain and classic brick facade and at the rear, there's a fully secured, right of way gated parking area entered off Ontario St. This is an opportunity for investors, owner-operators, or buyers seeking a character-rich property with a long term upside.
Property Type:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
2000-2500
Lot Depth:
92'28 m
Lot Frontage:
17'2¾"5.25 m
Direction Faces:
South
Bedrooms:
2+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
8
Rooms Below Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle, Flat
Basement:
Separate Entrance, Full, Development Potential
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Fence - Full
Parking Features:
Right Of Way
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
Yes
Possession Details:
30-60 Days/TBA
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,824.49 /
2025
Assessment:
$- /
-
Toronto
Toronto C08
Moss Park
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Accessory Apartment, In-Law Capability, Storage Area Lockers, Water Heater
Hot water tank
Dishwasher, 2 Refrigerators, 2 Stove/Ovens, Washer (2024), Dryer (2024), Wooden Shelving in Main Floor, Ceiling fan on 3rd floor.
Data was last updated April 15, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,099,000
Min list price:
$798,000
Max list price:
$3,268,800
Avg days on market:
35
Min days on market:
2
Max days on market:
163
These statistics are generated based on the current listing's property type
and located in
Moss Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.
