Selling

185 Gerrard Street E, Toronto C08, ON M5A 2E5

$3,499,000

  • (0)
  • 5 Views
  • Sep 14, 2025
  • Toronto C08, Moss Park

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Description
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.
Overview
Property ID: C12229390
Type: Vacant Land
Price: $3,499,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling:
Heating: Unknown
ParkingFeatures: Unknown
YearBuilt: Unknown
TaxAnnualAmount: 16348.63
PossessionDetails: TBA
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