$3,499,000
185 Gerrard Street, Toronto, ON M5A 2E5
Moss Park, Toronto,
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TRREB.
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.
- HoldoverDays: 180
- Property Type: Residential Freehold
- Property Sub Type: Vacant Land
- DirectionFaces: East
- Directions: Gerrard St. E
- Tax Year: 2024
- Interior Features: None
- Sewer: None
- Parcel Number: 211000141
- LotSizeUnits: Feet
- LotDepth: 150.22
- LotWidth: 30.49
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