$3,995,000
185 Gerrard ST E Toronto C08, ON M5A 2E5
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$3,995,000
Est. payment /mo
14,056 SqFt
Active
185 Gerrard ST E Toronto C08, ON M5A 2E5
UPDATED:
11/23/2024 03:20 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 14,056 sqft
Price per Sqft $284
MLS Listing ID C8015030
Annual Tax Amount $16,348
Tax Year 2023
Property Description
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!
Location
Province ON
County Toronto
Zoning R (d1.0)(x865)(ZAP)
Interior
Cooling No
Exterior
Utilities Available Yes
Listed by HIGH POINT REALTY LIMITED
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