Floor plan for 2333 Gerrard St, Toronto Ontario M4E 2E5
40 days on Market

2333 Gerrard St, Toronto, Ontario M4E 2E5

Detached
4 + 3
4
~3000-3500 sqft
$1,395,000
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Detached
4 + 3
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$432/sqft

Est. Mortgage$5,991/mo

Tax Amount (2024)$3,820/yr

Days On Market40 days


Description

Masterly designed by ArtHaus Developments and ready to apply for a building permit!! Committee of Adjustment approval has been issued for the construction of a new legal 4-plex building in this high-demand residential location. The property is at the corner of Gerrard and Hannaford, with the building fronting onto Hannaford. 3 - 1+1 or 2 bedroom suites and 1-1 bedroom suite. See Attachments for floor plans of the 4 suite designs. All plans and approvals in the possession of the seller and for which have been paid for in-full will be included. An excellent opportunity for an investor to hit the ground running. Demolition permit (existing house to be removed) and the building permit application are the next steps. Approval for a two car garage has been included in the Committee of Adjustment approval. This property is an excellent prospect for a laneway and/or garden dwelling however the application process for a laneway and/or garden dwelling has not been initiated. **EXTRAS** Should you wish to proceed with the existing design / build company, the buyers are encouraged to contact them directly. The Seller will provide contract details and related information upon request.


Property Details

Style3-Storey
View-
Age of propertyNew
SqFt~3000-3500 SqFt
Lot Size2,809 SqFt(150.54 x 18.66)
Parking Spaces4
MLS ®NumberE11920982
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 History

Jan 13, 2025
ListedActive
$1,395,000
40 days on market
history photo preview9
Listing by trreb®
Property listed by ROYAL LEPAGE/J & D DIVISION, Brokerage

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Market Data - The Beaches

Geo Zone Map ThumbnailThe Beaches

Strong Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

13 days

2023

30 days

2022

5 days

New Listings

Past 30 days

18 listings

Compared to

2024

17 listings

2023

14 listings

2022

11 listings

Units sold

Past 30 days

10 units

Compared to

2024

8 units

2023

9 units

2022

17 units

Median Sold Price

Past 30 days

$1,675,500

Compared to

2024

$1,707,500

2023

$1,950,000

2022

$2,400,000


Population and Demographics

Overview

Total population 40863
Average household income $210,334

Age (%)

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

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%

Schools and amenities

Estimated Budget