Beds 0 Bath

185 Gerrard Street E, Toronto C08, ON M5A 2E5

Toronto C08 M5A 2E5 Ontario

MLS: C12229390

$3,499,000

Added 77 days ago | For Sale

Listed by: VANGUARD REALTY BROKERAGE CORP.

About Property

Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,050 sq. ft. lot comes with approved zoning and a minor variance allowing for the construction of a four-storey, 28-unit residential building totaling 14,328 sq. ft. of gross floor area. The proposed development includes a green roof, rooftop amenity space, and bike storage areas, with no requirement for vehicular parking. Ideally situated in the Moss Park neighborhood, the property boasts a 97 Walk Score, offering convenient access to TTC transit, Allan Gardens, universities, hospitals, shops, and restaurants. The surrounding area features a mix of heritage homes, mid-rise buildings, and new infill developments, making this site especially appealing for student housing or micro-suite rentals. This is an excellent opportunity for developers looking to invest in Toronto's downtown intensification.

Features

  • House Style:Vacant Land
  • Bathrooms:0
  • Land Size: 30.49 X 150.22
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Jarvis St.
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $16348.63
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:C12229390

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