2333 Gerrard Street
East End-Danforth, Toronto, M4E 2E5
For Sale
10.62 BTC

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7 + 3
BEDROOMS4
BATHROOMS4
KITCHENS15
ROOMSE12949028
MLSIDContact Us
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.
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Nearby Intersections
Property Features
None, Air Exchanger, Carpet Free, On Demand Water Heater, Storage Area Lockers, Private Double
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Property Details
Property Type
Detached
Lot Size
19' x 151'
Taxes
$4,086 (2026)
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with Royal Lepage/J & D Division
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