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185 Gerrard Street E Toronto, Ontario M5A 2E5

$3,499,000

Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,521 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. (id:60365)

Property Details

MLS® Number C12229390
Property Type Vacant Land
Community Name Moss Park

Building

UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
SizeDepth 150 Ft ,2 In
SizeFrontage 14 Ft ,5 In
SizeIrregular 14.45 X 150.22 Ft
SizeTotalText 14.45 X 150.22 Ft
ZoningDescription 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

Paul Michael Miceli
Salesperson


Vanguard Realty Brokerage Corp.
668 Millway Ave #6
Vaughan, Ontario L4K 3V2

Marcello Scorza
Broker of Record


Vanguard Realty Brokerage Corp.
668 Millway Ave #6
Vaughan, Ontario L4K 3V2

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