2268 Gerrard Street, Toronto E02

Price: $1,069,900

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13209228

Well-maintained 3-storey freehold townhouse, proudly cared for by the original owners, located in the desirable Upper Beaches neighbourhood. Surrounded by multiple parks and just steps from Ted Reeve Community Arena, this home offers a wonderful balance of residential charm and city convenience. Enjoy a peaceful community setting with a small café across the street, local shops and businesses nearby, and beautiful walking access to the lake through Glen Stewart Ravine. Schools, the library, and the community centre are all within a 5-10 minute walk. Everyday essentials are close by, with grocery stores along Danforth Avenue and Victoria Park within walking distance. Commuting is easy with a bus stop only 50m away, streetcar access on Main Street about 250m away, and Main Street Subway Station approximately a 10-minute walk via Danforth GO Station.

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$1,069,900 - 2268 Gerrard Street, The Beaches

Townhouse for Sale in The Beaches

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13209228
Property Type
Townhouse
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
SUTTON GROUP QUANTUM REALTY INC.
Description

Well-maintained 3-storey freehold townhouse, proudly cared for by the original owners, located in the desirable Upper Beaches neighbourhood. Surrounded by multiple parks and just steps from Ted Reeve Community Arena, this home offers a wonderful balance of residential charm and city convenience. Enjoy a peaceful community setting with a small café across the street, local shops and businesses nearby, and beautiful walking access to the lake through Glen Stewart Ravine. Schools, the library, and the community centre are all within a 5-10 minute walk. Everyday essentials are close by, with grocery stores along Danforth Avenue and Victoria Park within walking distance. Commuting is easy with a bus stop only 50m away, streetcar access on Main Street about 250m away, and Main Street Subway Station approximately a 10-minute walk via Danforth GO Station.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,732.53/mo

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5%20%50%

5-yr fixed avg.

Principal: $855,920Interest: $563,839
Mortgage Amount$855,920
Total Interest$563,839
Est. Property Tax$758/mo
Total Cost$1,419,759

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2268 Gerrard Street, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$758
Insurance (est.)-$223
Net Cash Flow+$1,749

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $713/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in The Beaches have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2268 Gerrard Street, The Beac… — $1,069,900 | Battaglia Team