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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.
City: Toronto
Neighborhood: Moss Park
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 12, 2025 | N/A | $1 | N/A | N/A | C11970600 |
Feb 12, 2025 | N/A | $1 | N/A | N/A | C11970586 |
Feb 12, 2025 | N/A | $1 | N/A | N/A | C11970605 |
Jan 23, 2024 | N/A | $1 | N/A | Sold | C8015030 |
Jan 22, 2024 | 387 | $1 | N/A | Terminated | C8015986 |
Jan 18, 2024 | N/A | $1 | N/A | Sold | C8015874 |
Aug 31, 2023 | N/A | $2,950,000 | N/A | Sold | C6781074 |
Jun 2, 2020 | N/A | $1 | N/A | Sold | C4779870 |
Aug 16, 2012 | 266 | $1,500,000 | N/A | Terminated | C2444985 |
Purchase Price | $3499000 |
Down Payment | $699800 |
Mortgage Insurance | $0 |
Total Mortgage | $2799200 |
Mortgage Payment | $17249 |
Property Taxes | $1362 |
Maintenance Fees | $0 |
Monthly Payment | $18612 |
Located at 185 Gerrard St E , this Toronto house is available for sale. This property was listed for $3,499,000 on Mon Jun 23 2025. This house's size is 30.49 x 150.22 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 185 Gerrard St E, Toronto is situated in the Moss Park neighbourhood.
MLS#: C12229390 · $3,499,000 · null bedroom house in Moss Park, Toronto