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185 Gerrard St E

Gerrard St E, Downtown Toronto, Toronto, ON, M5A 2E5

-
Beds
-
Baths
14056
Sq. Ft.
$3,995,000
List Price
Details
Photos
2
Comparables
History
185 Gerrard St E, Toronto, ON
335 days on market

Quick Summary

  • Approved development site with zoning variances
  • Prime location near downtown universities
  • Approved for 4-story, 28-unit residential building
  • Potential for higher density due to Avenues study
  • Architect already in place for the project
  • Approved for 14,056 sq.ft. gross floor area
  • Ideal for residential rental development
  • Centrally located near all Toronto amenities

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.... Show More

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! The approved zoning provides for a four-storey, 28-unit, residential building with 14,056 GFA,(3.5 FSI)- ideal for residential rentals.

Property Details

Utilities

Water
-
Sewer
Other

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$16,348.63

Source

Listing Brokerage

MLS® Listing
C8015986
Last Updated
November 23, 2024
Brokerage
HIGH POINT REALTY LIMITED
Call us 800-591-0566

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