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    For Sale - 2333 Gerrard Street, Toronto, Ontario

    Est payment $4,749/mo
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    Time on Jump  1 days

    AI Summary *

    • Fully vetted development opportunity for a legal four-plex approved by the Committee of Adjustment.
    • Corner lot with 150-foot depth ideal for future laneway house potential.
    • Current rental income of $3,200/month provides stability while permits are finalized.
    • All architectural plans and approvals included for a smooth transition.
    • Prime location in a high-demand residential area for potential investors.




    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.
    Listing IDE12949028
    Address2333 Gerrard Street
    CityToronto, Ontario
    Price$989,000
    Bed / Bath10 / 4 Full
    Style3-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features None, Air Exchanger, Carpet Free, On Demand Water Heater, Storage Area LockersOwnership FreeholdBasement ApartmentFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE/J & D DIVISION

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2333 Gerrard Street
    Toronto , Ontario
    10 4 $989,000
    Get more info