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185 Gerrard St E

0.11 Acres of Residential Land Offered at £2,205,259 in Toronto, ON M5A 2E5

Executive Summary

Prime infill residential development site ready to move forward with approved zoning variations from City Hall. This vacant land, located near downtown Toronto and universities, is perfect for student housing or residential rentals. The zoning allows for a four-storey, 28-unit residential building with 14,056 sq. ft. GFA, ideal for generating rental income. Architect is in place, ensuring streamlined development.

Property Facts

Price £2,205,259
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.11 AC

1 Lot Available

Lot

Price £2,205,259
Price Per AC £19,209,570
Lot Size 0.11 AC

Incredible small infill residential development site with city-approved variations, perfect for student housing or residential rentals. Located near downtown Toronto and universities, this vacant land offers a prime opportunity for developers.

Description

0.32 AC parcel of land in Toronto, ON.

Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (96)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R (d1.0) (x865) (Residential)
R (d1.0) (x865) (Residential)
  • Listing ID: 31258921

  • Date on Market: 19/03/2024

  • Last Updated:

  • Address: 185 Gerrard St E, Toronto, ON M5A 2E5

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