$899,000
Available - For Sale
Listing ID: E12479871
2333 Gerrard Street East , Toronto, M4E 2E5, Toronto
| URGENT - MUST CLOSE ON OR BEFORE DECEMBER 31, 2025 - NO EXCEPTIONS. This is an extraordinary, time-sensitive opportunity you do not want to miss. The seller has just delivered a significant price reduction, making this one of the best-value development sites currently available in the city. Unlock the opportunity to build a legal 4-plex with full Committee of Adjustment approval already secured, including five granted variances-saving you years of headaches, tens of thousands in carrying costs and application fees, and all the uncertainty of the approval process. This rare, extra-deep 150-ft lot fronts onto Hannaford Street and includes a coveted 8-car rear parking pad accessed from the street. A true game-changer for any multi-unit project. Development options abound: construct the approved 4-plex, add a laneway suite for even more units/density, redevelop into your dream custom single-family home, or simply hold as a cash-flowing rental property. Enjoy additional privacy and green space thanks to city-owned land directly buffering the lot.Current AAA tenant in place under a 1-year lease running September 1, 2025 - August 31, 2026. Buyers must assume the existing tenancy or make private arrangements with the tenant post-closing. With full approvals in hand, an unbeatable new price, and a hard deadline of December 31, 2025 for closing, this is a once-in-a-market-cycle deal. Act fast-opportunities like this disappear quickly. |
| Price | $899,000 |
| Taxes: | $4026.23 |
| Occupancy: | Tenant |
| Address: | 2333 Gerrard Street East , Toronto, M4E 2E5, Toronto |
| Directions/Cross Streets: | Main St and Gerrard St E |
| Rooms: | 6 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 27.06 | 11.97 | Hardwood Floor, Combined w/Dining |
| Room 2 | Main | Dining Ro | 27.06 | 11.97 | Hardwood Floor, Combined w/Living |
| Room 3 | Main | Kitchen | 11.81 | 7.38 | Linoleum, Side Door, Overlooks Backyard |
| Room 4 | Second | Bedroom | 13.45 | 9.02 | Hardwood Floor, Closet |
| Room 5 | Second | Bedroom | 12.63 | 9.02 | Hardwood Floor, Closet Organizers |
| Room 6 | Third | Bedroom | 9.02 | 5.9 | Hardwood Floor, Closet |
| Room 7 | Basement | Recreatio | 27.06 | 16.4 | Partly Finished, Combined w/Workshop |
| Room 8 | Basement | Utility R | 27.06 | 19.35 | Unfinished, Combined w/Rec |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 4 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 4 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | New |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | New |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| ROYAL LEPAGE/J & D DIVISION |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | East End-Danforth |
| Style: | 2-Storey |
| Approximate Age: | New |
| Tax: | $4,026.23 |
| Beds: | 6 |
| Baths: | 1 |
| Fireplace: | N |
| Pool: | None |
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