Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$899,000

6 Beds

1 Bath

1500 - 2000 FEETSQ

QuickQuoteTM: Not Available

Toronto ON, M4E 2E5

MLS® # E12479871

Property Information:

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. (id:7525)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Hardwood, Linoleum
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Window Coverings, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 1
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.5 Feet
  • Lot Frontage: 18.7 Feet
  • Lot Size: 18.7 x 150.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Rooms:

  • Bedroom 2nd Level 4.10 m x 2.75 m
  • Bedroom 2nd Level 3.85 m x 2.75 m
  • Bedroom 3rd Level 2.75 m x 1.80 m
  • Recreation Room Basement Level 8.25 m x 5.00 m
  • Utility Basement Level 8.25 m x 5.90 m
  • Living Main Level 8.25 m x 3.65 m
  • Dining Main Level 8.25 m x 3.65 m
  • Kitchen Main Level 3.60 m x 2.25 m

Convert Measurement to:


REALTOR.ca  

More Detail
Less Detail
QuickQuoteTM Powered by RPS

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2333 GERRARD STREET E, Toronto, Ontario, M4E 2E5

Demographic Information of 2333 GERRARD STREET E, Toronto, Ontario, M4E 2E5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$169,253.26

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.47 %

High school certificate or equivalent

18.79 %

Apprenticeship trade certificate/diploma

2.73 %

College/non-university certificate

15.26 %

University certificate (below bachelor)

3.16 %

University Degree

48.59 %

Commuter

Travel To Work

By Car

59.52 %

By Public Transit

21.62 %

By Walking

12.65 %

By Bicycle

2.3 %

By Other Methods

3.91 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.8 %

Houses

72.2 %

Own Vs. Rent

More Detail
Less Detail