2333 GERRARD STREET E, Toronto (East End-Danforth), Ontario, M4E2E5
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. (id:2471)
RE/MAX Prime Properties, Brokerage
- 905-472-4702
- 905-554-5522
- info@susantaylorgroup.com
- Property Address: 2333 GERRARD STREET E, Toronto (East End-Danforth), Ontario, M4E2E5
- Community Name: East End-Danforth
- Property Type: Single Family
- Title: Freehold
- Lot Size: 18.7 x 150.5 FT
- Acreage: 18.7 x 150.5 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 8
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 1500 - 2000 sqft
- Building Age: New building
- Bedrooms: 6
- Bathrooms: 1-Total
- Basement Type: N/A (Unfinished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Flooring: Hardwood, Linoleum
- Foundation Type: Block
- Appliances Included: Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator
| Type | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 4.1 m x 2.75 m |
| Bedroom | Second level | 3.85 m x 2.75 m |
| Bedroom | Third level | 2.75 m x 1.8 m |
| Recreational, Games room | Basement | 8.253 m x 5 m |
| Utility room | Basement | 8.253 m x 5.9 m |
| Living room | Main level | 8.253 m x 3.65 m |
| Dining room | Main level | 8.25 m x 3.65 m |
| Kitchen | Main level | 3.6 m x 2.25 m |
Listing Office: ROYAL LEPAGE/J & D DIVISION
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