- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $522at the range’s middle
- Lot
- 17.67 x 100 ft
- Tax a year
- $3,5972025 tax year
- Parking
- 0detached
- Days on market
- Members
The brief
About 2461 Gerrard St
2461 Gerrard St is a 3-bedroom, 2-bathroom semi-detached house in East End-Danforth, Toronto, listed for sale at an asking price of $679,000 (MLS® E13211586).
Attention investors, contractors, and visionaries. This freehold, two-storey semi-detached residential property at 2461 Gerrard St E offers a prime renovation opportunity in Toronto. The interior layout includes three bedrooms and two full bathrooms. The structure sits on a regular lot with a frontage of 17.67 feet and a depth of 100 feet. The basement is unfinished and ripe for a transformation with an existing full bathroom. Exterior features include a mutual shared driveway and a detached garage. The location is uber-convenient with Loblaws and Victoria Crossing (Freshco, Tim Hortons, and Play it Again Sports) close-by. The Walk/bike/transit score is enviable at 90/75/70. A quick trip down Victoria Park Ave lands you in the Eastern end of the Beaches neighbourhood. Offers Anytime.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs73/100+$452/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 homes with 3 bedrooms for lease in East End-Danforth right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,597 / 2025
- MLS® number
- E13211586
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 17.67 x 100 ft
- Listed on
- Parking
- Detached, 0 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 2-Storey
- Community
- East End-Danforth
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Upper, 1 × 4pc Lower
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Garage Type
- Detached
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 17.67 ft
- Depth
- 100 ft
- Lot Size
- 17.67 x 100 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle, Unknown
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All appliances, light fixtures and window coverings.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Sunroom | 1.95 × 4.11 m | — | Main |
| Living | 2.75 × 4.15 m | — | Main |
| Dining | 3.08 × 4.15 m | — | Main |
| Kitchen | 2.88 × 3.9 m | — | Main |
| Br | 3.5 × 4.03 m | — | Upper |
| Br | 2.49 × 3.54 m | — | Upper |
| Br | 2.69 × 4.09 m | — | Upper |
| Other | 3.85 × 11.41 m | — | Lower |
Listing history
Buy/sell history for 2461 Gerrard St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $679,000 | N/A | Pc | E13211586 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $135,800
- Total mortgage amount
- $543,200
- Total interest payment
- $386,200
- Total purchase cost
- $1,065,200
- Mortgage payment
- $3,098/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
8%Monthly carrying cost
$3,398- Carrying cost $3,398
- Surplus $452
Rental income opens at $3,850, the median asking rent of 7 comparable homes for lease in East End-Danforth. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $10,055
- Toronto municipal land transfer tax
- $10,055
- Total land transfer tax
- $20,110
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $11,635
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $679,000
- $5,580
- Ontario total
- $10,055
Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,055.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 1,767 sq ft164 m²
- Street frontage
- 17.67 ft5.4 m
- Depth
- 100 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m37 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.4 m below ground nearbyThe middle water level in the well records within 500 m (270 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 53 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Mapped parcel: about 1,770 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 280 m280 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — R.C. Harris Filtration Plant, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d1.0) (x815)By-law
569-2013Municipality
Toronto1 d1.0
Density: floor area is capped at 1.0 times the lot area.
2 x815
Site-specific exception 815: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(815)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Party Wall Admin PermitsPermit Issued
Part Wall admin permit relating to 2459 Gerrard St E (23 165272 BLD 00 SR)
Issued July 18, 2023
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
411 VICTORIA PARK AVESite planUnder Review
Construct a 3-storey elementary school for 380 children and 4-room child care for 73 children, including all associated site amenities.
230 m away49 LUCY AVEOfficial plan or zoning amendmentUnder Review
The proposed development consists of a 12-storey mid-rise residential building, with a height of 41.0 metres (excluding mechanical penthouse), a total gross floor area of 10,960.95 square metres, and a Floor Space Index (FSI) of 6.06. The development will provide 147 residential units, with a mix of unit types including 1-bedroom, 2-bedroom, and 3-bedroom units. The proposed development will provide 19 below grade parking spaces and 111 short-term and long-term bicycle spaces.
510 m away47 LUCY AVEOfficial plan or zoning amendmentUnder Review
The proposed development consists of a 12-storey mid-rise residential building, with a height of 41.0 metres (excluding mechanical penthouse), a total gross floor area of 10,960.95 square metres, and a Floor Space Index (FSI) of 6.06. The development will provide 147 residential units, with a mix of unit types including 1-bedroom, 2-bedroom, and 3-bedroom units. The proposed development will provide 19 below grade parking spaces and 111 short-term and long-term bicycle spaces.
520 m away51 LUCY AVEOfficial plan or zoning amendmentUnder Review
The proposed development consists of a 12-storey mid-rise residential building, with a height of 41.0 metres (excluding mechanical penthouse), a total gross floor area of 10,960.95 square metres, and a Floor Space Index (FSI) of 6.06. The development will provide 147 residential units, with a mix of unit types including 1-bedroom, 2-bedroom, and 3-bedroom units. The proposed development will provide 19 below grade parking spaces and 111 short-term and long-term bicycle spaces.
520 m away3089 DANFORTH AVESite planUnder Review
The proposed development contemplates a 7-storey (25.1 metres) mixed-use building with a total of 2807 square metres of residential GFA and 125 square metres of commercial GFA at grade. 30 residential units are proposed, ranging in size from 1-bedroom units to 3-bedroom units. Separate entrances for the residential and commercial components are included in the front façade. Indoor amenity space is proposed on the 7th storey adjacent to outdoor amenity space.A road widening of 3.5 m is proposed along Danforth Avenue and a road widening of 1.17 m is proposed on the rear laneway. Access to parking is from the rear laneway. A total of 21 parking spaces are proposed, including 18 spaces for residents within a parking stacker system, and 3 spaces for visitors a grade, one of which will be an accessible space. 22 bicycle parking spaces are provided.
530 m away53 LUCY AVEOfficial plan or zoning amendmentUnder Review
The proposed development consists of a 12-storey mid-rise residential building, with a height of 41.0 metres (excluding mechanical penthouse), a total gross floor area of 10,960.95 square metres, and a Floor Space Index (FSI) of 6.06. The development will provide 147 residential units, with a mix of unit types including 1-bedroom, 2-bedroom, and 3-bedroom units. The proposed development will provide 19 below grade parking spaces and 111 short-term and long-term bicycle spaces.
530 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Semi-detached homes for sale in East End-Danforth right now
- For sale now
- 10
- Median asking price
- $999K
- New in 7 days
- 2
- Price cuts
- 30%
Middle half: $886K to $1.16M
6 in 28 days
3 listings
This home is asking 32% below the median, lower than three quarters of them.
See all homes in East End-DanforthAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Victoria Park Station | TTC subway: Line 2 Bloor-Danforth | 900 m |
| Danforth GO | GO Transit train: Lakeshore East | 1.1 km |
| Main Street Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Woodbine Station | TTC subway: Line 2 Bloor-Danforth | 2.1 km |
| O'Connor Station | TTC light rail: Line 5 Eglinton | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Blantyre Public SchoolToronto DSB | Public · grades JK–8 | 300 m | 68%Grade 6 average |
| Adam Beck Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 400 m | 74%Grade 6 average |
| St Dunstan Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 79%Grade 6 average |
| ÉÉC Georges-Étienne-CartierConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.8 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Malvern Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 600 m | 78%Grade 9 math |
| Notre Dame Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 800 m | 67%Grade 9 math |
| Neil McNeil High SchoolToronto CDSB | Catholic · grades 9–12 | 900 m | 69%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 3.6 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in East End-Danforth are shown to signed-in members.