$1,250,000
For sale: Other

An Inspired Space For Business, Creativity And Opportunity. Not Your Typical Commercial Property! Welcome To 708 Gerrard Street East, A Distinctive Standalone Commercial Building Offering Approximately 2,600 Sq. Ft. Of Character-Filled Work Space In Toronto's Vibrant East End. Behind Its Doors Lies An Inspiring Loft-Style Interior Where Soaring Exposed Ceilings, Industrial Architectural Details, Polished Concrete Floors And Oversized Windows Create An Impressive Sense Of Space And Natural Light. The Thoughtfully Designed Main Floor Features A Welcoming Reception Area, Dedicated Boardroom, Private Office And Expansive Open-Concept Workspace, Offering An Ideal Balance Of Collaborative And Private Working Environments. A Spacious Kitchen/Eating Area, Two Washrooms And Multiple Storage Areas Add Everyday Convenience, While The Bright Mezzanine Office (Just Over 400 Square Feet) Provides Additional Flexibility. Currently Configured As A Creative Professional Workspace, The Property's Adaptable Layout And CR4.0(c1.0;r4.0) Zoning Offer Possibilities For A Variety Of Commercial Uses. For Those With A Broader Vision And Subject To Zoning Verification, The Building May Also Present An Intriguing Opportunity To Explore A Combined Live/Work Configuration. Situated Along Gerrard Street East, Surrounded By Established Neighbourhood Businesses And A Thriving Residential Community, The Property Enjoys Excellent Connectivity With TTC Streetcar Service, Convenient Access To Downtown Toronto And The Don Valley Parkway, And The Added Benefit Of The Future Ontario Line Gerrard Station, Currently Under Construction At Gerrard And Carlaw. Offered With Vacant Possession, This Is An Exceptional Opportunity For Entrepreneurs, Creative Professionals Or Investors To Establish Their Vision In A Building With Distinctive Architectural Character And Versatility. A Space To Inspire. A Location To Connect. An Opportunity To Make Your Own.
Sold data
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 10, across 96 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 9 days.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 $1,484,000.
Homes sold for about 13.3% above asking on average.
About 72% of sales closed above the list price.
Around 3% of sellers reduced their price before finding a buyer.
Based on 96 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
Toronto (North Riverdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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