Home with brick exterior material, building for 2333 Gerrard St, Toronto Ontario M4E 2E5
5 hours on Market

2333 Gerrard St, Toronto, Ontario M4E 2E5

Detached
7 + 3
4
~2500-3000 sqft
$989,000
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Detached
7 + 3
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$362/sqft

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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.


Property Details

Style3-Storey
View-
Age of propertyNew
SqFt~2500-3000 SqFt
Lot Size2,809 SqFt(150.54 x 18.66)
Parking Spaces4
MLS ®NumberE12949028
Community NameThe Beaches
Data SourceTRREB
Listing byROYAL LEPAGE/J & D DIVISION

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Features

Lot size: 2,809 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 2

Total parking spaces 4


Property listed by ROYAL LEPAGE/J & D DIVISION, Brokerage
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Population and Demographics

Overview

Total population 40863
Average household income $210,334

Age (%)

0 to 19
23%
20 to 34
15%
35 to 49
24%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
88%
Others
5%
French
2%
Yue (Cantonese)
2%
Spanish
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

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