688 GERRARD STREET, Toronto (North Riverdale)

$1,200,000

For sale: Other

Other at 688 GERRARD STREET, Toronto (North Riverdale)
Property type
Commercial Retail
Bedrooms / bathrooms
5 bathrooms
MLS®
MLS® E12890690
Neighbourhood
North Riverdale

Exceptional opportunity to own a newly renovated mixed-use property in a high-demand corridor. Located in a vibrant, high-traffic area with excellent visibility and accessibility, this property benefits from steady foot traffic and strong neighborhood growth. The property offers the perfect blend of commercial and residential space, the main floor commercial unit has been recently renovated and leased. The 2nd Floor has 2 units with separate bedroom/kitchen/bathroom; The stable, reliable tenants, providing consistent income and strong investment fundamentals. Cross street School, very stable customers' source, close to High Way and transportation. Basement with 2 washrooms and walk-in freezer. 2 water tanks separate for each floor.

Sold data

Homes in North Riverdale — recent sold market

Homes in North Riverdale took a median of 7 days to sell over the last 365 days, with the quickest quarter selling within 5 days and the slowest quarter taking more than 11, across 95 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 9 days.

The median sale price was $1,450,000.

Homes sold for about 12.2% above asking on average.

About 68% of sales closed above the list price.

Around 4% of sellers reduced their price before finding a buyer.

Median days to sell
7
Median sale price
$1,450,000
Sale-to-list ratio
112.2%
Sold above asking
68%

Based on 95 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (North Riverdale)

Toronto (North Riverdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (North Riverdale)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 688 GERRARD STREET