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$ 989,000
Est. payment /mo
Active
2333 Gerrard ST E Toronto E02, ON M4E 2E5
10 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Municipality Toronto E02
Subdivision East End-Danforth
MLS Listing ID E12949028
Style 3-Storey
Bedrooms 10
Annual Tax Amount $4,086
Tax Year 2026
Property Sub-Type Detached
Property Description
Stop dreaming and start digging. This is a rare, fully vetted development opportunity at the corner of Gerrard and Hannaford, where the "heavy lifting" of the Committee of Adjustment is already complete. Approved for a sleek, legal four-plex (3 x 2-bed/den and 1 x 1-bed) designed by ArtHaus Developments, this site is primed for a building permit application.The 150-foot deep corner lot offers a significant advantage: while current approvals do not include auxiliary buildings, the site's dimensions are tailor-made for a substantial laneway house-adding a potential fifth stream of income to this high-demand residential pocket. Secure Cash Flow While You Plan: The property currently generates $3,200/month plus utilities from exceptional tenants (lease ends Aug 31, 2026), providing a stable carry while you finalize permits and trades. All architectural plans, COA approvals, and design files paid for by the Seller are included. This is a turnkey transition for an investor looking to hit the ground running in the East End. Showing Policy: To respect the privacy of the excellent tenants, appointments to tour the interior of the home will be arranged only upon an accepted conditional offer. Please book an appointment online to walk the lot/exterior.
Location
Province ON
County Toronto
Community Toronto E02
Area Toronto
Rooms
Basement Apartment
Kitchen 4
Interior
Interior Features None, Air Exchanger, Carpet Free, On Demand Water Heater, Storage Area Lockers
Cooling Central Air
Inclusions Fridge, stove, washer, dryer, all electric light fixtures and window coverings
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Building Age New
Foundation Block
Lited by ROYAL LEPAGE/J & D DIVISION