185 Gerrard St E
Moss Park, Toronto
$3,499,000
Buy with Dwelly and Save $34,990
Home Details
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Listing Description
This is a rare, shovel-ready vacant lot located at 185 Gerrard Street East in the heart of downtown Toronto, fully zoned (RM) and approved for a 4-storey residential development featuring 28 self-contained microunits. All architectural drawings, site plans, and permits are in place, allowing for immediate construction. Ideally positioned just steps from Toronto Metropolitan University (TMU), George Brown College, major hospitals like St. Michaels and SickKids, and within walking distance to the Financial District, this property is perfectly suited for student housing, hospital staff residences, or young professionals seeking affordable, efficient urban living. Each unit is thoughtfully designed with modern layouts to meet the high demand for compact residential spaces. With exceptional walk, transit, and bike scores, and close proximity to public transit, parks, and daily amenities, this development offers significant rental upside and long-term value. Whether you're a developer looking to build and hold, an investor seeking strong rental returns, or a joint venture partner looking to collaborate on a turn-key downtown project, this site presents an outstanding opportunity in one of Torontos most supply-constrained and growth-oriented neighborhoods.
City: Toronto
Neighborhood: Moss Park
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jun 17, 2025 | 124 | $3,499,000 | N/A | New | C12229390 |
| Feb 12, 2025 | 138 | $1 | N/A | Expired | C11970586 |
| Feb 12, 2025 | N/A | $1 | N/A | Terminated | C11970600 |
| Feb 12, 2025 | N/A | $1 | N/A | Terminated | 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 |
Rooms
Room dimensions for 185 Gerrard St E, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 185 Gerrard St E is 17480
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3499000 |
| Down Payment | $699800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2799200 |
Monthly Payment
| Mortgage Payment | $17249 |
| Property Taxes | $231 |
| Maintenance Fees | $0 |
| Monthly Payment | $17480 |
About 185 Gerrard St E, Toronto
Located at 185 Gerrard St E , this Toronto house is available for sale. This property was listed for $3,499,000 on Mon Jul 28 2025. This house's size is 14.45 x 150 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#: C12310850 · $3,499,000 · null bedroom house in Moss Park, Toronto