117 Gerrard Street, Unit 504, Toronto, ON

$350,000
MLS#:C13735648
1 beds
1 baths
500-599 sqft
Residential Condo & Other
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Added:Sep 2, 2026(today)
Updated:Sep 2, 2026(today)
Last Checked:25 minutes ago

Property Highlights

Welcome to this remarkable Bachelor/Studio condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exceptional Downtown Toronto Condo Offering Outstanding Value, Space, and Convenience! This Bright, East-Facing 597 Sq.Ft. Bachelor Suite Features a Functional, Versatile Layout With A Separate Dining Area And Sun-Filled Solarium. An Excellent Opportunity For First-Time Buyers, Students, Professionals, Parents Purchasing For A Student, Or Investors Seeking A Downtown Toronto Condo In A Highly Walkable Location. Maintenance Fees Include Utilities, High-Speed Internet and Cable, Offering Excellent Value And Predictable Monthly Expenses. The Suite Features A Renovated Bathroom And Plenty Of Potential To Personalize. Ideally Located Steps From Toronto Metropolitan University (TMU), With The University of Toronto, Eaton Centre, The Village, Grocery Stores, Restaurants, Shopping, Transit, and Everyday Amenities Close By. This Quiet Well-Maintained Building Offers 24-Hour Concierge, Visitor Parking, A Rooftop Terrace With BBQ And Hot Tub. Plus A Private Dog Park. An Incredible Opportunity To Own A Spacious Bachelor Condo In The Heart of Downtown Toronto!

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Property Summary

This condo apartment located at 117 Gerrard Street, Toronto is currently for sale and has been available on zoozaa for 0 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 117 Gerrard Street, Toronto is in the Church-Yonge Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Church-Yonge Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedSep 2, 2026 (today)
UpdatedSep 2, 2026 (today)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleBachelor/Studio
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$1,848

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 117 Gerrard Street, Unit 504, Toronto, ON

Q.What is the asking price for 117 Gerrard Street, Unit 504, Toronto, ON ?

The current listing price for 117 Gerrard Street, Unit 504, Toronto, ON in Church-Yonge Corridor, Toronto is $350,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 117 Gerrard Street, Unit 504, Toronto, ON ?

117 Gerrard Street, Unit 504, Toronto, ON is a Condo Apartment (Bachelor/Studio) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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117 Gerrard Street, Unit 504, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Toronto Average, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 117 Gerrard Street E 504, Toronto, ON M5B 2L4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $245,000 over 30 years.
Purchase Price$350,000
Loan Amount$245,000
Provincial Land Transfer Tax:$3,725
Toronto Municipal Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$7,450

About Purchasing a Home in Toronto, ON

For a property listed at $350,000 in Toronto, the legal minimum down payment is $17,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,725 also applies, bringing the total estimated land transfer taxes to $7,450.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,396,958

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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