185 Gerrard Street E, Toronto C08, ON M5A 2E5, Toronto C08, ON
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.
Property Highlights
For Sale
MLS NO.
C12229390
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
C12229390
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
None
Central Vacuum Yn
No
Lot Width
30.49
Lot Size Units
Acres
Garage
No
Direction Facing
East
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
185 Gerrard Street E, Toronto C08, ON M5A 2E5
City
Toronto C08
Neighbourhood
Moss Park
County / Region
Toronto
Province / State
ON
Postal Code
M5A 2E5
Cross Street
Jarvis St.
Directions
Gerrard St. E
Country
CA
List Price
$3,499,000
Annual Taxes
$16,349
Tax Year
2024
Legal Description
PT LT 49 PL 150 TORONTO PT 1 & 2 63R1815; CITY OF TORONTO
Possession Type
Other
Possession Details
TBA
Listing Office
VANGUARD REALTY BROKERAGE CORP.
Board
Toronto Regional Real Estate Board
Original Entry
2025-06-18T15:35:23Z
Media Updated
2025-06-18T15:35:23Z
Photos Updated
2025-06-18T15:35:23Z
Last Modified
2025-12-05T14:35:24Z
System Modified
2025-12-05T14:35:24.410151Z
MLS Status
Terminated
Co List Office Name
VANGUARD REALTY BROKERAGE CORP.
Ddfyn
Yes
Expiration Date
2025-12-31
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
211000141
Public Remarks
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.
