66 Gerrard E Street, Toronto C08, ON M5B 1G3

66 Gerrard Street East Downtown Toronto Prominent Corner Commercial Asset with Income & Redevelopment Potential. A rare opportunity to acquire a three-storey brick-and-beam commercial building at the corner of Gerrard Street East & Church Street, in the heart of downtown Toronto.Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, this property provides both immediate income stability and long-term redevelopment upside.Building Features Approx. 21,000 sq. ft. across 3 levels Brick-and-beam construction with functional layouts Prominent corner frontage offering strong signage visibility CR zoning permitting a wide range of commercial uses Redevelopment potential for higher-density mixed-use (subject to municipal approvals)Tenancy Solid tenant base including:Medical & healthcare offices Two established restaurants with long-standing clientele Event space with consistent bookings Professional service offices Diverse mix ensures reliable income streams and broad market appeal Location Highlights Steps from Toronto Metropolitan University (TMU), major hospitals, and subway stations at College and Dundas Situated in one of Torontos fastest-growing corridors, surrounded by new high-rise residential developments High pedestrian traffic, strong daytime population, and excellent transit connectivity Proximity to education, healthcare, retail, and residential communities ensures tenant demand and long-term stability Investment Summary This property combines the character and functionality of a brick-and-beam downtown building with the income security of established tenancies. Its prime corner location and CR zoning offer an attractive future redevelopment opportunity, making it a strong hold for investors, developers, or owner-users.