185 Gerrard St E, Toronto, M5A 2E5

Home Overview

Description

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.

100 days

On Market

Vacant Land

Property Type

$16,349 / Year

Est. Taxes

Other

Style

-

Garage

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Basement