Maintenance Fees
Gerrard Place vs The Church - Toronto Area
1B - 86 Gerrard St E
$445,0001 bd1 ba0 pk553 sqft
For SaleGerrard Place
23 Days on Strata
$445,000
Price Increase: $399,800
Price Increase: $399,800
1 Bed
1 Bath
0 Parking
553 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$767/mth
Taxes:
$2,160 (2024)
Cost Per Sqft:
$805/sqft
Outdoor Space:
Terrace
Locker:
None
Exposure:
West
Possession Date:
Immediately
Laundry:
Main
Amenities
Visitor Parking
Rec Room
Rooftop Deck
Party Room
Indoor Parking
BBQs Allowed
Security System
About this Listing
Experience unique loft living in the heart of downtown Toronto! This spacious 553 sq. ft. studio with den (ideal as a bedroom) features an open-concept layout enhanced by soaring 13' ceilings and floor-to-ceiling windows. Enjoy a large private terrace where BBQs are permitted perfect for entertaining. Stylish finishes include hardwood floors and granite countertops. Located directly across from Toronto Metropolitan University, and just steps from Yonge-Dundas Square, shopping, restaurants, and easy transit access, this is urban living at its finest!
ExtrasAll Existing S/S Appliances: Fridge, Stove, Dishwasher, B/I Microwave. Stacked Front Loading Washer/Dryer, Kitchen Under Cabinet Lighting, Ductless Wall AC Unit.
prompton real estate services corp.MLS® #C12047550
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Wall Unit
Heat Source
No Data
Heating
Other
Room Dimensions
Living
hardwood floor, Combined with Dining, Windows Floor to Ceiling
17.29 x 9.58ft
Dining
hardwood floor, Combined with Kitchen, Windows Floor to Ceiling
16.8 x 5.91ft
Bedroom
hardwood floor, Granite Counter
7.42 x 7.15ft
Kitchen
Ceramic Floor
16.83 x 7.61ft
Bathroom
Ceramic Floor, 4 Piece Bath
7.87 x 6.79ft
Buyer's Market
Balanced
Seller's Market
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9/10
Walkability
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10/10
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
10,008
Average Individual Income
$65,836
Average Household Size
3 persons
Average Age
46
Average Household Income
$109,948
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
38%
High Rise Apartment
25%
Semi Detached
22%
Low Rise Apartment
9%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
10%
Arabic
1%
Tagalog
1%
Spanish
1%
Urdu
1%
Tamil
1%
Education
University and Above
39%
High School
22%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
22%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Agriculture & Natural Resources
1%
Building Trends At Gerrard Place
Days on Strata
Units at Gerrard Place spend an average of
15
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Church - Toronto
Turnover of Units
On average, each unit is owned for
16
YEARS before being sold againProperty Value
-33%
Decrease in property value within the past twelve months
Price Ranking
55th
Highest price per SQFT out of 91 condos in the Church - Toronto area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
Gerrard Place offers the best value out of 91 condos in the Church - Toronto neighbourhood
?
Appreciation Rank
Gerrard Place has the highest ROI out of 91 condos in the Church - Toronto neighbourhood
?
Rental Yield
Gerrard Place yields the highest rent prices out of 91 condos in the Church - Toronto neighbourhood
?
High Demand
Gerrard Place is the most popular building out of 91 condos in the Church - Toronto neighbourhood
?
Market Insights
Transaction Insights at Gerrard Place
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | No Data | $478,000 | No Data | $605,000 - $612,500 | No Data | $830,000 | No Data |
| Avg. Cost Per Sqft | No Data | $606 | No Data | $449 | No Data | $597 | No Data |
| Price Range | No Data | No Data | $3,500 | $3,300 | No Data | $4,999 | No Data |
| Avg. Wait for Unit Availability | No Data | 1119 Days | No Data | 198 Days | No Data | 674 Days | No Data |
| Avg. Wait for Unit Availability | No Data | No Data | 402 Days | 264 Days | No Data | No Data | No Data |
| Ratio of Units in Building | 2% | 10% | 5% | 58% | 7% | 18% | 4% |
Market Inventory
Total number of units listed and sold in Church - Toronto
