For Sale

185 Gerrard Street, Toronto C08, Ontario M5A 2E5

$0

185 Gerrard Street, Toronto C08, Ontario M5A 2E5 is For Sale and has a listing price of 3,499,000. The property is located in the Toronto C08 . It's been on the website for 94 Days.

  • Vacant Land
    Property Type
  • MLS ID: C12229390
  • Office Name VANGUARD REALTY BROKERAGE CORP.
Property Description

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.

Property Details
  • MLS ID: C12229390
  • Price: $3,499,000
  • Lot Depth: 150.22
  • Transaction Types: For Sale
  • Ref ID: C12229390
  • Year Built: N/A
  • Dir / Cross St: Jarvis St.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
07/28/2025 C12310850 $3,499,000 For Sale - -
06/18/2025 C12229390 $3,499,000 For Sale - -
02/13/2025 C11970605 $1 For Sale - -
02/13/2025 C11970600 $1 For Sale - -
02/13/2025 C11970586 $1 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C08
  • $837,013 Average List Price
    based on 1 year
  • 247 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 307.21 % Up
  • Sold (12mo) 348
  • Rented (12mo) 853

  • 1 Month Change +200.9%
  • 3 Month Change +85.2%
  • 6 Month Change +196.1%
Walkscore
Additional Details
  • Kitchen Y
  • Taxes: $16,349
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 18/06/2025 15:35:23
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