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

Other homes in Toronto (North Riverdale) — recent sold market

Other homes in Toronto (North Riverdale) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.

The median sale price was $67,500.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
91.8%
Sold above asking
6%

Based on 32 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