185 Gerrard Street

Toronto, ON M5A 2E5 ( Moss Park)

Quick Facts

Type: Vacant Land

Style:

Size: Sq Ft

Age: Years

Taxes: $ 2,768 ( 2025)

Updated: 2025-07-31 14:58:15

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.

Extras

Vacant Land

Property

Status: For Sale

MLS #: C12310850

Price: $ 3,499,000

Address: 185 Gerrard Street

Type:

Style:

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 2,768

Tax Year: 2025

Lot Size:

Neighbourhood: Moss Park

Nearest Intersection: Gerrard St. E. and Sherbourne St.

City: Toronto

Postal Code: M5A 2E5

DOM: 6 Days

Last Update: 2025-07-31 14:58:15

 

Building

Interior

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Bathrooms: 0

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Kitchens: 0

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Parking Spaces: 0.00

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Features

 

Rooms