Spacious 2-Storey Residence with Private Terrace in the Heart of Downtown! Welcome to Suite 10B at 86 Gerrard Street East, a rarely offered two-bedroom, two-bathroom urban retreat spanning an impressive 1,558 sq ft over two beautifully laid-out floors, plus a generous 180 sq ft private balcony that offers sweeping city views and a seamless indoor-outdoor living experience. This well-maintained suite offers one of the largest and most functional layouts in the building. The expansive main level is filled with natural light and features Brazilian cherry hardwood flooring, open-concept living and dining areas, and a chef-inspired kitchen with granite countertops, and premium stainless steel appliances. The kitchen is perfect for entertaining or everyday cooking, with abundant storage and counter space. Upstairs, the oversized primary suite includes a large walk-in closet and a well-appointed ensuite bath with quartz surfaces, a rain shower, heated floors, and heated towel racks. The second bedroom has its own walk-out access to the balcony ideal for guests, a home office, or a private retreat. Other notable features include in-suite washer/dryer, thoughtful storage throughout, and a dedicated parking space. While the finishes have been carefully maintained over time, the space offers fantastic bones for personal touches. Located in a boutique mid-rise building in the heart of downtown Toronto, you're just minutes from transit, hospitals, universities, shopping, and dining with Yonge Street, Ryerson/TMU, and Allan Gardens all a short walk away. This is a rare opportunity to enjoy house-like space and privacy with the convenience of condo living.
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Payment Frequency:
Monthly
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
1400-1599
Exposure:
West
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
# Main Level Bedrooms:
1
# Main Level Bathrooms:
0
Rooms Above Grade:
6
Rooms:
5
Heating type:
Baseboard
Heating Fuel:
Electric
Cooling:
Yes
Storey:
6
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
None
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Parking Spot #1:
1002
Locker:
None
Family Room:
Yes
Possession Details:
Immediately
Payment Method:
Direct Withdrawal
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- /
-
Toronto C08
Church-Yonge Corridor
Toronto
Separate Hydro Meter, Separate Heating Controls
Restricted
Stainless Steel ~ Fridge, Stove, Microwave, & Dishwasher. Washer & Dryer. 1 Parking Spot. Water Is Included! Owner is willing to discuss the inclusion of any furniture currently in the property. Flooring repair will be conducted in the dining room prior to occupancy.
No Locker. Heat & Hydro Are Extra. (Tenant Responsibility)
Concrete
BBQs Allowed, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Data was last updated September 25, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
390
Avg list price:
$629,000
Min list price:
$349,000
Max list price:
$2,900,000
Avg days on market:
45
Min days on market:
0
Max days on market:
786
These statistics are generated based on the current listing's property type
and located in
Church-Yonge Corridor. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.