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$989,000
Ontario,Toronto (East End-Danforth)
For Sale Active
2333 GERRARD STREET E, Toronto (East End-Danforth), Ontario M4E2E5
  • 10
  • 4
  • 2500 - 3000Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: E12949028
  • Price: $989,000
  • Bedrooms: 10
  • Bathrooms: 4
  • Square Footage: 2500 - 3000 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 51302
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning, Air exchanger
  • Basement: N/A, Apartment in basement
  • Parking: Detached Garage, No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Toronto (East End-Danforth), M4E2E5
  • Street: Gerrard
  • Street Number: 2333
  • Street Suffix: Street
  • Longitude: W80° 42' 23''
  • Latitude: N43° 41' 6.8''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 18.7 x 150.5 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 4086.23
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Listing updated: 2026-04-20 07:03:29
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Listing Information
  • List Agent Key: 1530133
  • List Office Key: 51302
  • Modification Timestamp: 2026-04-02T12:10:22Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-02T12:03:44Z
Powered by REALTOR.ca
Listing updated: 2026-04-20 07:03:29
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