$3,499,000
Available - For Sale
Listing ID: C12229390
185 Gerrard Stre East , Toronto, M5A 2E5, Toronto
| Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,521 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. |
| Price | $3,499,000 |
| Taxes: | $16348.63 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 185 Gerrard Stre East , Toronto, M5A 2E5, Toronto |
| Acreage: | Not Appl |
| Directions/Cross Streets: | Jarvis St. |
| Bedrooms: | 0 |
| Bedrooms +: | 0 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Vacant Land |
| Drive Parking Spaces: | 0 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | None |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
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| VANGUARD REALTY BROKERAGE CORP. |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Freehold - Vacant Land |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Tax: | $16,348.63 |
| Fireplace: | N |
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