185 Gerrard St E, Toronto, M5A 2E5

Listing Overview

Description

Incredible small infill residential development site with approved variances from City Hall. This prime location is perfect for a smaller development, ready to move forward. Ideally suited for student housing due to its close proximity to downtown universities, this vacant land is centrally located near everything Toronto has to offer. Zoning is approved for a 4-story building with 28 units, with possible higher density allowed due to new Avenues study Toronto. An architect is already in place, having worked on the project from its inception. A fantastic opportunity for the right developer! **EXTRAS** The approved zoning provides for a four-storey, 28-unit, residential building with 14,056 GFA,(3.5 FSI)- ideal for residential rentals.

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On Market

Land

Property Type

$16,349 / Year

Est. Taxes

Designated

Style

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Business Type

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Franchise