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Listed by High Point Realty Limited.
185 Gerrard Street E is a Vacant Land and is currently for Sale @ $3,995,000. Taxes in 2023 were $16,348.63.
More homes for sale under 4M in Toronto
Incredible small infill residential development site with approved variances from City Hall. The home on 185 Gerrard Street E has 0 bedrooms, 0 bathrooms, and is located on a 150.22 x 30.49 ft loton < .50 acres in the community of Moss Park . 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.
The address 185 Gerrard Street E was listed for sale (MLS# C8015986) on Monday, January 22, 2024.
30.49 x 150.22 ft lot
