Type: Detached
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 4,026 ( 2025)
Updated: 2025-11-26 15:11:01
URGENT - MUST CLOSE ON OR BEFORE DECEMBER 31, 2025 - NO EXCEPTIONS. This is an extraordinary, time-sensitive opportunity you do not want to miss. The seller has just delivered a significant price reduction, making this one of the best-value development sites currently available in the city. Unlock the opportunity to build a legal 4-plex with full Committee of Adjustment approval already secured, including five granted variances-saving you years of headaches, tens of thousands in carrying costs and application fees, and all the uncertainty of the approval process. This rare, extra-deep 150-ft lot fronts onto Hannaford Street and includes a coveted 8-car rear parking pad accessed from the street. A true game-changer for any multi-unit project. Development options abound: construct the approved 4-plex, add a laneway suite for even more units/density, redevelop into your dream custom single-family home, or simply hold as a cash-flowing rental property. Enjoy additional privacy and green space thanks to city-owned land directly buffering the lot.Current AAA tenant in place under a 1-year lease running September 1, 2025 - August 31, 2026. Buyers must assume the existing tenancy or make private arrangements with the tenant post-closing. With full approvals in hand, an unbeatable new price, and a hard deadline of December 31, 2025 for closing, this is a once-in-a-market-cycle deal. Act fast-opportunities like this disappear quickly.
Detached
Status: For Sale
MLS #: E12479871
Price: $ 899,000
Address: 2333 Gerrard Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 4,026
Tax Year: 2025
Lot Size:
Neighbourhood: East End-Danforth
Nearest Intersection: Main St and Gerrard St E
City: Toronto
Postal Code: M4E 2E5
DOM: 121 Days
Last Update: 2025-11-26 15:11:01
Bedrooms: 6
Bathrooms: 1
Rooms: 0
Kitchens: 1
Family Room:
Fireplace:
Basement: Unfinished,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private Double
Garage Spaces:
Parking Spaces: 8.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: