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)
MLS® Number | C12229390 |
Property Type | Vacant Land |
Community Name | Moss Park |
UtilityWater | Municipal Water |
No Garage |
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) |
Cable | Available |
Electricity | Available |
https://www.realtor.ca/real-estate/28486485/185-gerrard-street-e-toronto-moss-park-moss-park
Paul Michael Miceli
Salesperson
Marcello Scorza
Broker of Record