33 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Bay Street Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $70 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Welcome To The Iconic Chelsea Hotel. This Main Floor Commercial Opportunity (just off and accessible through the Hotel Lobby) Boasts An Expansive 4054 Square Feet With Soaring 10 Foot Ceilings. Reimagine &/or Re-engineer This High Profile Space To Your Custom Specifications. Highly Visible With Exposure Along The Bustling Gerrard Street Corridor. Two Main Entrances form Gerrard St and A Third Main Entry Point Via the Hotel Lobby. The Hotel is a 7 Days a Week, 24 Hrs a Day Operation. The Space is a Perfect Fit For A Spa, Hair Salon/Barber, Beauty Salon, Message or Physio Or Any other Health Wellness related Facility. Located in close proximity to Toronto's Hospital Row. Ideally the NEW TENANT Would Provide a Value Added Service To Guests Of The Chelsea Hotel as well as the General Public at Large. A Very Suitable Location For Your Flagship Operation In The Heart of Downtown. The Iconic Chelsea Hotel Is One Of The Busiest Hotels In Canada Hosting Upwards Of One Million Guests Annually. Strategically Located Just West Of The Very Busy Yonge And Gerrard Intersection which is now Home To Numerous Well Known And High End Condo Developments. In addition and according To The City of Toronto, this major intersection sees over One Hundred Thousand Pedestrians on a Daily basis! Arguably One Of The Most Vibrant Intersections In Downtown Toronto.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 33 Gerrard Street W CHELSEA HOTEL (Bb33), Toronto, ON M5G 1Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $70 in Toronto, the legal minimum down payment is $4 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $1.
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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.
