185 Gerrard Street E Toronto, Ontario M5A 2E5
$3,499,000
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. (id:50886)
Property Details
MLS® Number | C12229390 |
Property Type | Vacant Land |
Community Name | Moss Park |
Building
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Size Depth | 150 Ft ,2 In |
Size Frontage | 30 Ft ,5 In |
Size Irregular | 30.49 X 150.22 Ft |
Size Total Text | 30.49 X 150.22 Ft |
Zoning Description | R (d1.0)(x865)(zap) |
Utilities
Cable | Available |
Electricity | Available |
https://www.realtor.ca/real-estate/28486485/185-gerrard-street-e-toronto-moss-park-moss-park
Contact Us
Contact us for more information
Paul Michael Miceli
Salesperson
668 Millway Ave #6
Vaughan, Ontario L4K 3V2
(905) 856-8111
(905) 856-5113
www.vanguardrealty.ca
Marcello Scorza
Broker of Record
668 Millway Ave #6
Vaughan, Ontario L4K 3V2
(905) 856-8111
(905) 856-5113
www.vanguardrealty.ca