New bi- and trivalent transition metal complexes of ligand 3-(2-methoxyphenoxy)propane-1,2-diol (GFS) were synthesized. The ligand and complexes were characterized via: melting point, UV/Visible, IR, ¹H NMR, mass and diffused reflectance spectroscopy. The molecular structure of the investigated ligand (GFS) is optimized theoretically and the quantum chemical parameters are calculated. In addition, the complexes were characterized based on conductivity measurement, thermal analysis and biological activity. The infrared spectral study of GFS and its complexes, act as monobasic tridentate through the oxygen atom of hydroxyl group and two etheric oxygen atoms. Also, coordination to the unprotonated oxygen is evidenced from the disappearance of the OH signal in the ¹H NMR spectra after complexation. The thermogravimetric analysis of the complexes shows metal oxide remaining as the final product. The compounds were tested against four bacterial species; two Gram positive bacteria (Bacillus subtilis and Staphylococcus aureus) and two Gram negative bacteria (Escherichia coli and Pseudomonas aeruginosa) as well as antifungal activity against (Candida albicans). The complexes showed significant activities against Gram positive bacteria than Gram negative bacteria. [Cd(GFS)Cl(H2O)2] complex showed remarkable antifungal activity. However, some complexes showed more chemotherapeutic efficiency than the parent GFS drug. The drug and complexes were also screened for their in vitro anticancer activity against the Breast cell line (MFC7) and the results obtained show that they exhibit a considerable anticancer activity.